Intelligent CIO Europe Issue 01 | Page 81

INTELLIGENT BRANDS // Enterprise Security SAS helps global companies protect data and meet GDPR requirements ///////////////////////////// W ith the EU’s General Data Protection Regulation (GDPR) going into effect on May 25 2018, global companies must take steps to understand how personally identifiable information (PII) is stored and used within their organisations. Millions of records are exposed each year due to thousands of data breaches that occur around the world. Further, a recent survey found that less than half (45%) of organisations have a structured plan in place for compliance and more than half (58%) indicate that their organisations are not fully aware of the consequences of non-compliance. To help companies protect their data and meet new compliance requirements, analytics leader SAS is offering SAS for Personal Data Protection. www.intelligentcio.com Any company that collects personal data, anything from national identification numbers, Social Security numbers, email addresses and dates of birth, must be able to identify where that information is stored in order to protect it and remove it when required. The amount and variety of data sources, along with the rise of mobile, cloud and social networks, has played a role in making PII more vulnerable to unauthorised access. SAS for Personal Data Protection helps companies to access, identify, govern, protect and audit their data, to work towards compliance. Under GDPR, every EU resident has the right to know how their personal data is being used and can request to have his or her data completely erased. This means that organisations that store and/or process EU consumer and employee data must be vigilant in protecting that data, regardless of where they are located. Non-compliance with GDPR regulations can be costly and may result in hefty financial penalties ranging up to US$22 million or 4% of annual global turnover (whichever is greater). “The EU’s pending GDPR deadline is causing major headaches for companies across the EU and beyond, as organisations quickly realise that personal data is stored in multiple locations. Finding it and locking it down is no easy task,” said Tom Pringle, Head of Applications Research at Ovum. “The SAS for Personal Data Protection solution offers organisations tools to identify and govern personal data to prepare for compliance with this new regulation, simultaneously helping extend and enhance the governance frameworks enterprises are investing in.” n INTELLIGENTCIO 81