Fortanix Equips Organizations To Meet GDPR Requirements

MOUNTAIN VIEW, Calif., Jan. 18, 2018 -- Fortanix® Inc., the leader in Runtime Encryption, today announced it is helping organizations as they prepare for the upcoming General Data Protection Regulation (GDPR) by enhancing its Self-Defending Key Management Service™ (SDKMS) next-generation Hardware Security Module (HSM) solution with data protection features and location-based access controls to help organizations meet GDPR requirements.

GDPR is designed to provide better privacy and security to European citizens and comes into effect May 25. It applies to any data that can be used to directly or indirectly identify a person, including private, professional, or public financial data, photos, home addresses, medical information, social media, and IP addresses. Although GDPR is a European regulation, it affects customers and organizations worldwide, which must adhere to GDPR if they process European customers?EU? data. GDPR is a binding legislative act, and organizations can be fined up to 4 percent of their global revenue, or €20M, whichever is more.

According to Gartner, ?EU?The European General Data Protection Regulation has impact far beyond the EU alone?EU?Security and risk management (SRM) leaders should prepare for the European Union?EU?s General Data Protection Regulation?EU?On 25 May 2018, less than 50 percent of all organizations impacted will fully comply with the GDPR.?EU? 1

Organizations need to categorize their data and create a set of rules to follow while processing their customers?EU? personal data. Once the data access rules have been defined, organizations can encrypt the personal data with keys managed by Fortanix?EU?s SDKMS next-generation HSM solution.

SDKMS creates a control layer between the data controller and the data processors to help meet GDPR requirements around data audit, control, and erasure. The data processor is an entity that processes the personal data according to rules set by the data controller. Specific requirements of GDPR where Fortanix?EU?s runtime encryption helps organizations...

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