The EU General Data Protection Regulation (GDPR) will go into effect on May 25th, 2018. The goal of the GDPR is to protect the security and privacy of EU residents through a number of requirements that will affect the whole data lifecycle of most organisations and businesses that offer goods and services to the EU.
EY has announced their collaboration with Microsoft on a new service that will help support compliance and risk management for businesses affected by this new regulation. The new initiative is expected to assist companies and organisations to sense, react, resist, and recover from possible cyber attacks.
EY’s Global Cybersecurity Leader, Paul van Kessel comments:
"The GDPR is a major disruptor to our clients as well as our own industries, in both technology and consulting. It will transform how companies manage personal data and are already creating an industry of new point solution providers. But, our clients are looking for a holistic way to address the regulation, from initial assessment, through implementation planning and operationalization. They are looking for approaches that integrate privacy and security, and that also manage risk across the three lines of defence namely, business operations, risk and compliance and internal audit. Working on the Microsoft Azure cloud platform will enable us to create options that flexibly support clients through the GDPR compliance journey."
Learn more about this collaboration in EY’s full press release here.