The European Union’s General Data Protection Regulation (GDPR) is designed to enhance EU citizens’ control over the data companies hold about them. While the goal is simple, achieving compliance isn’t easy for most enterprises. It requires a comprehensive review of who has access to what data and where regulated data resides, along with the ability to conduct required security audits and implement continuous controls.
of business risk can be
tied to just 5% of users
minimum fine for
non-compliance to GDPR
Who does GDPR affect?
While the regulation applies only to EU citizen data, all companies worldwide that operate in the EU, or have websites that can be found in the EU, must comply with these regulations, truly creating a global impact. This regulation requires material changes in how and where organizations store customer data, and more importantly, how they grant access to that data to employees, contractors and business partners.
How can SailPoint help you comply with GDPR?
Our open cloud identity governance platform makes it easy for you to stay compliant by seeing and controlling access to all your apps and data for every user, including bots.
How automation helps you comply.
GDPR not only requires that companies incorporate least-privilege permissions for EU citizens’ PII data, but also the ability to detect and remediate violations of that policy immediately. Organizations have a maximum of 72 hours to report any data breach involving customer data (after becoming aware of the breach) and must notify individuals if adverse impact is determined.
In addition, the company’s data processor must notify the controller without delay after becoming aware of a personal data breach. Due to these changes, being able to identify and close any enterprise security vulnerabilities is essential.
The complexities associated with enterprise identity, GDPR compliance and data protection means the most effective way forward is to automate as many identity and access management tools and security audit processes as possible. Automation is vital when processes must be repeated regularly and responses need to occur in real time.
By automating access provisioning and deprovisioning, organizations can tighten security controls, while also increasing business efficiency. Download the solution brief below to learn more.
What if your organization doesn’t comply?
The penalty for non-compliance of the CCPA is $7,500 for intentional violations or $2,500 if the violation was unintentional. Additional charges include between $100-$750 in statutory damages (per incident, per consumer) in the event of a data breach. Depending on the number of customers affected, that cost could really add up.
In addition, just one breach or violation could cause significant damage to your customer relationships and company’s reputation.
Make sure you’re compliant with GDPR.
Learn how SailPoint can help.