A month has already passed since the new GDPR came into force. This regulation has come to transform the cyberspace user’s personal information management; but not without inciting an avalanche of questions among many organizations first.Considering the scope of this regulation; it is very important for each company to have the correct information regarding GDPR implications, characteristics, and the precautions that must be taken to effectively comply with it.To help you in this task, we have decided to offer you an overview of this new EU regulation for the protection of personal information of cyberspace users; as well as some details about the benefits of associating the GDPR to your SIEM software solution.
The spread of Internet access among the world's population has brought a giant increase in the amount of personal data processed in cyberspace; as well as an exponential growth in the theft and misuse of this data by different entities. This lack of law and order has generated a growing concern among users regarding their privacy on the Internet; as well as an increase in complaints about the way in which their personal information is being used by the different organizations that handle it.As a result, and as a way of confronting this problem efficiently; some European Union (EU)’s political institutions decided a few years ago to promote the creation of a regulation that would allow their citizens to have greater control over the management of their private information. It is in this context that GDPR was born.
The GDPR is based on fundamental principles that state that personal data must be:
In this context, the term personal data refers to any information relating to a natural person that can be directly or indirectly identified. This includes, for example, telephone numbers, credit card details, geolocation information and IP addresses.
If your answer to any of the following questions regarding your business is yes; the GDPR definitely applies to your organization:
According to these standards; it is clear that GDPR application is not directly related to the geographical location of the companies involved.
One of the factors with the most significant impact on the companies concerned by the GDPR is the establishment of 8 fundamental users rights related to their personal data. Taking into account some of these rights and in order to comply with the requirements of this legal framework, companies have the obligation to:
The GDPR non-compliance requires companies to pay a fine of up to 2% of their overall income depending on the size of the organization.
It is true that adjusting any organization to the GDPR can denote a great challenge. However, there is still a good opportunity to get ready for GDPR compliance and make it a good business ally.
In relation to the last point, providing your IT security team with the correct tools is imperative to ensure data security in accordance with the GDPR legal framework. We highly recommend you to include an effective SIEM solution among these tools.
Since you will have to take data analysis to the next level; your SIEM solution should be up to the task. Consequently, if you are looking for the best you can find an excellent option in the AlienVault SIEM tool; which offers unified and coordinated Security Monitoring and multiple security functions in a single console.To learn more about AlienVault or any other security tool for your organization, ask for free advice here.