DIGITAL IDENTITY ISSUANCE AND MANAGEMENT FOR GDPR COMPLIANCE
The EU’s General Data Protection Regulation (GDPR) sets the standard for data privacy across all enterprises EU-based or doing business within the EU. Failure to comply with GDPR will result in fines to the sum of 4% of global turnover, or €20m – whichever is larger.
Article 24 underlines that data controllers must ensure there are technical measures in place to demonstrate that data processing occurs in line with GDPR regulations.
User authentication is an important technical measure in ensuring data access is secure and multi-factor authentication is a best practice method organisations can take to not only ensure compliance but also safeguard against the number one cause of data breach – passwords.
Robust multi-factor authentication, digital identity issuance and management through MyID® credential management system (CMS) safeguards large enterprises against unauthorised access to customer data. Software that delivers best practice data privacy management and GDPR compliance, developed for large organisations.
MyID for a GDPR compliant, passwordless digital identity solution
MyID CMS safeguards large enterprises against the increasing threat of data privacy breach through unauthorised access. As part of a public key infrastructure (PKI) solution, MyID integrates within existing IT infrastructure for large enterprises to centrally issue and lifecycle manage unique, cryptographically protected digital identities to employees, customers and supply-chains.
MyID software acts as the central hub for IT teams and system admins to issue and manage credentials to end users. The software also has an end user interface making it easy for employees, customers and suppliers to self-serve.
Best practice multi-factor authentication ensures users are able to authenticate their digital identity simply by using their credentialed device and a PIN or biometric scan. Meaning no passwords and seamless, secure flow into the secure data end users need to access.