GEC NEWS WIRESymantec to provide resources and expertise available to companies still working towards complying with the General Data Protection Rule (GDPR), which went into effect on May 25.
Recent research from technology analyst firm IDC found that, despite the urgency created by the GDPR deadline, 71 percent of organizations believe that a lack of knowledge about the regulations are limiting their compliance. Additionally, 69 percent are not confident they even know where their personal data is located. With the law now in effect, those numbers are a stark reminder that every firm needs to focus its resources and attention on compliance or risk the ramifications.
“GDPR is the single largest compliance-driven transformation we’ve ever seen, and in the short time since it has gone into effect, major complaints have been filed against social media and internet companies, with claims totaling in the billions of dollars,” said Greg Clark, Chief Executive Officer at Symantec. “The challenges of the cloud generation magnify the difficulties that organizations face as they work to navigate these waters. That is why we are committed to helping our customers with compliance and reducing the significant risk associated with being a custodian of consumer data.”
It is further critical that organizations fully understand the range of technological resources that can help them demonstrate their efforts to maintain compliance. Symantec is focused on helping organizations achieve GDPR compliance excellence and offers a number of technology solutions which help organizations maintain key areas of GDPR compliance. They provide Control Compliance Suite, DLP Risk Assessment, CASB, Information Centric Encryption, Security Analysis, Advanced Threat Protection, EDR, Managed Security Services and Incident Response Services.
