What does GDPR mean and how is GDPR compliance determined?
GDPR stands for the General Data Protective Regulation, a set of rules that will govern the way companies handle personally-identifiable information and other sensitive data belonging to citizens of European Union (EU) member states starting in May 2018.
Companies are required to comply with the GDPR if they are based in the EU or if they otherwise target citizens of EU member states. From a data storage & security perspective, companies that store and direct usage of EU customer data—known as “controllers”—may, depending on the nature of the data & processing involved, be required to encrypt personal data, conduct ongoing reviews of security measures, use redundancy and backup facilities, and conduct regular security testing. Additional, and sometimes concurring, requirements could apply if your company processes data provided by another company. Noncompliance can result in fines up to greater amount of 20 million euros or 4% of the business’s worldwide turnover from the previous year.
How does GDPR data center & cloud hosting work?
Abacus Private Cloud can be customized to meet your specific GDPR compliance needs. All accounts include full spectrum security features such as two-factor authentication and 256-AES encryption, and our network of global SSL-A certified data centers will help ensure that you store any personally-identifiable data using robust safeguards.
How can I audit & maintain compliance with GDPR hosting?
We can perform all auditing and other oversight procedures necessary to ensure that your account is GDPR-compliant.
What other compliance standards are similar to GDPR?
Starting in May 2018, GDPR will be the only regulatory standard specifically structured to address EU-based businesses or businesses targeting EU citizens.
Are there Abacus clients that are GDPR compliant today?
Many Abacus clients are configuring their Private Cloud accounts to comply with GDPR. Having a scalable, customizable virtual cloud hosting can also help your organization simultaneously meet other common data security standards. Contact our GDPR compliance hosting specialists to learn how Abacus Private Cloud can help your organization become GDPR-compliant.
How does AbacusNext work with clients to protect data under GDPR?
Learn more about how AbacusNext works with clients to protect data under GDPR, and view our corporate GDPR policy and updates, at abacusnext.com/gdpr.