Hi ,
The release is for distribution from 8am Tuesday.
Please let me know if you want anything further on the dangers of "lost" PII such as credit card and passport numbers on a business' networks or e-mail. What do businesses need to do and how this ties in with GDPR compliance.
Rob 07957611834
Cyber security firm signs
deal with best in class data discovery vendor
Cyber security company Foregenix has strengthened its compliance services in a new deal with data discovery specialists Groundlabs.
The new collaboration will enhance Foregenix’s ability to meet the requirements of organisations to locate a diverse range of Personally Identifiable Information (PII), which is now a prime target for cyber criminals.
Groundlabs’ security software finds sensitive PII by searching for specific data formats such 16-digit credit card numbers which may be stored in numerous locations across an extended organisation. Once discovered action can be taken by the client to safeguard it or remove it altogether.
Groundlabs’ flagship Enterprise Recon solution scans over 140 data types across 7 platforms to ensure compliance with new privacy regulations such as the General Data Protection Regulation (GDPR), which comes into force in May.
The Groundlabs’ solutions replace Foregenix’s FScout card scanning product. Richard Jones, Foregenix’s business development manager for strategic partners comments: “FScout served clients well, but customer requirements are changing to locate a much broader range of data assets than covered by PCI DSS. Groundlabs’ solutions meet the new compliance challenges organisations face.” *
“While its early days for some companies preparing for GDPR, our experience shows it pays to know at the start of a compliance project what PII there is and where it’s located. It can prove a real challenge for many businesses to find material they didn’t know they had across multiple locations.”
Foregenix, which develops in-house cyber security solutions, will offer Groundlabs’ solutions and its supporting compliance services to its global client base from September. In addition to its UK headquarters, Foregenix has overseas offices in Germany, Uruguay, South Africa, Australia and the United States.
John Cassidy, VP at Groundlabs comments: “Foregenix has a strong understanding of how to deliver compliance for privacy and data security. The global reach of its support services provides a great fit with our technology, which is already used for PCI DSS and GDPR projects.
Foregenix’s chief commercial officer Benjamin Hosack adds: “Groundlabs offers best in classsolutions that improve our current capabilities as well as complement our leading cyber security software such as Serengeti and FGX-Web which detect cyber security threats enabling rapid incident response.
“Organisations simply cannot afford to be reckless with the PII they hold. They need to get their data compliance in place, especially as GDPR is coming in and fines could run into the millions for those that don’t take adequate precautions.”
“With Groundlabs’ solutions our threat intelligence teams can eliminate
the opportunity for hackers to misuse valuable PII.”
https://www.foregenix.com/gdpr-cyber-security-and-your-business
* The Payment Card Industry
Data Security Standard (PCI DSS) aims to reduce credit card fraud through the
implementation of a global standard to help organisations protect credit card
data. PCI DSS has strict guidelines on protecting cardholder data, from
processing to transmission to storage.
About
Foregenix
Foregenix
is an independent, specialist information security business that has a global
service capability. The Foregenix team
has operated in the payment card industry since the inception of the security
standards in 2004, and has carried out forensic investigations and compliance
assessments on hundreds of organisations, ranging from small online stores to
national banks. It has offices across
the globe including the UK, South Africa, USA, Germany and Uruguay.
About Groundlabs
Groundlabs is a security
software company dedicated to making data discovery products that help
organisations prevent sensitive data loss. It has helped more than 2,500
organisations in 80 countries discover sensitive PII and cardholder data in
documents, databases, emails, log files and many other locations. Groundlabs
has offices in Austin, Dublin and Singapore.