An organization’s information is the lifeblood of its business and must be protected at all costs. Rarely does a day go by without a major data breach hitting the headlines – Target, JP Morgan Chase, Equifax, Facebook – the list grows daily. The ramifications of a data breach are devastating, and many times will put a company out of business altogether.
“Insights success Magazine has shortlisted “The 30 Most Innovative Companies to Watch 2018″ which have spotted the unique dots to discover new things through notion, unexpected connections ideas.”
Lately, I was examining a recent graph report about the number of aviation accidents relative to the 1990’s period of digitalization, and they revealed the following: Aviation incidents started to decline and continues to shrink to this day. And you can see on the same graph, that from the 1940s to the 1980s, accidents and incidents were on the rise. One could surmise that digital aviation systems and quality training do pay off.
After coming over from the Nuclear, Aviation and Education industry, I have found that senior engineers and executives think they are handling their enterprise data security according to their current policies and to the current regulations.
Among professionals, no one is closed mouth about the problem. I have discussed the use on non-compliant companies and personnel right with the End Customers, OEM Manufacturers and Service Companies providing the work. Oh yeah, they know they are in a tight spot and many do not know how to get out of this mess. In 2018 with GDPR and new government rules, non-compliant service companies are losing contracts right and left to compliant businesses. If your company has not lost your contracts, it is just a matter of time.
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Unsecured Physical Security of Data Bearing Devices (DBDs) that hold thousands to millions of protected records for Health information (PHI), Personally Identifiable Information (PII), or Sensitive Personal Information (SPI) leaves many companies non-compliant.
As companies deploy New Technologies into their organizations, they are faced with real problems of what to do with their old and outdated IT Assets. Be it data security, safety, confidentiality, compliance or environmental policies, it is no longer acceptable for companies to simply throw away failed or decommissioned data bearing devices or just pass them over to a third party. Companies have to consider protecting data that exists on such devices.
Businesses that are ill-prepared for the GDPR and who fail to comply face fines up to 4% of annual global revenue!
Time has run out for businesses ill-prepared for the May 2018 introduction of the EU’s GDPR. Those who fail to comply face fines up to 4% of annual global revenue or €20 million — whichever is greater!
Customer reports – including device tracking along with audit and reconciliation reports
Green reports – the client’s carbon footprint report
Certificates of Destruction – to confirm compliance with applicable regulations and industry standards
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