The EU General Data Protection Regulation is intended to harmonize data privacy laws across Europe, protect the data of all EU citizens, and change the way organizations approach data privacy. It stipulates enormous fines for companies found to have compromised the personal data of EU citizens: 4% of global turnover, or €20 million.
The legislation will apply in the UK despite the Brexit vote – and additionally applies to any foreign entity doing business in the EU.
The biggest threat to any company’s cybersecurity is employee access. Verizon estimates that about 80% of all data breaches are down to weak passwords, and 70% of employees report forgetting or having a password compromised.
MyID can help by removing usernames and passwords from the equation completely: replacing them with strong and convenient authentication, that doesn’t cost huge amounts of time and money to deploy, like most solutions.
A cloud based, cost effective, easy to deploy and manage virtual smart card system that replaces employee passwords, protecting access to your network
A flexible, feature-rich product enabling passwords to be replaced with secure digital identities on multiple devices. Trusted by high profile organizations around the world to secure employee access to business-critical systems and information