In this article with Information Security Buzz, NNT CTO Mark Kedgley interviews Information Security expert, David Froud, and discusses the myths and maths of GDPR as the May 2018 deadline fastly approaches.
NNT: Thanks for taking the time to talk to us today. Time is of the essence with GDPR regulations being introduced in May 2018, so can we get a starting point from you in terms of the key facts? If there’s one thing everyone knows about GDPR, it’s that the regulation incorporates data breach fines of ‘up to 4% of global revenues’ – right?
DF: Unfortunately that’s where most organizations start, and they have all missed the point! I’m seeing this panic-inducing rhetoric from almost every online cybersecurity publication, lawyers, cybersecurity vendors and increasingly from cyber insurance vendors. People who should KNOW better.
New Net Technologies (NNT) is now part of Netwrix