It seems hard to believe, but there has not been a major EU directive regarding data protection since 1995. GDPR comes into effect in May 2018 – if you haven’t yet begun the process of becoming compliant, it is imperative that you begin now.
As you can imagine, a lot has changed since then, but the law is only just now catching up. After evaluating the inconsistencies in enforcement, complexity, legal uncertainty, and administrative costs incurred on behalf of the original Data Protection Directive, the EU has created the GDPR which will not only reinforce the safeguards around the way personal data is handled, but will also create a more uniform standard for all EU countries.
Fines for non-compliance can total 4% of a company’s global revenue or €20m, whichever is greater. Can your company afford to risk non-compliance?
The scope of GDPR is broad and far-reaching and includes:
OryxAlign offers a complete portfolio of enterprise security solutions, enabling our customers to enjoy industry-leading protection. We provide world-class protection across numerous verticals including major financial institutions, real estate, and government bodies. We help our customers achieve compliance with stringent data privacy regulations and ensure that sensitive corporate assets, customer information, and digital transactions are safe from exposure and manipulation in order to protect our customers.
