tarting today, a new European regulation came into effect causing some unprepared U.S. sites to block users and shut down activities.

 

TAMPA, Fla., May 25, 2018 (Newswire.com) – As the European Union implements the much-awaited General Data Protection Regulation (GDPR) to synchronize data privacy laws for its citizens, most U.S. firms, including healthcare companies, are still working to comply with the rigorous regulation. 

 

GDPR, which containing 99 articles and 173 recitals, has key requirements that directly impact the way organizations implement IT security, thus addressing the key security tenets of confidentiality, integrity and availability of data.

 

According to the latest forensic data analytics survey, only 48 percent of all industries have a plan to comply with GDPR and only 25 percent of U.S. healthcare industry firms.

 

“It is imperative for U.S. firms to plan and continue their efforts towards compliance to safeguard the continuity of business within the EU and avoid substantial penalties because of non-compliance,” Doug Brown, founder of Black Book Market Research LLC.

 

For North American companies with operations in the EU, data security measures will now have to work alongside legal and compliance teams to ensure maximum adherence to GDPR. 

 

“With data privacy concerns, particularly medical information on the rise and stringent regulatory requirements like GDPR coming into force, organizations have no choice but to redefine the way they approach data management,” said Brown.

 

Non-compliance with GDPR can result in heavy fines and increased regulatory actions. Organizations that collect personal data must be able to prove that they consistently and reliably comply with GDPR privacy and security principles.

 

A new study from Black Book Market Research LLC reveals that only 29 percent of U.S. organizations surveyed are embracing the GDPR globally as an opportunity to improve privacy, security, data management or as a catalyst for new business models, rather than simply a compliance issue or impediment. 

 

GDPR is a fairly complex piece of legislation with far-reaching impact not just within the European Union but the United States and the world as well. 

 

U.S. companies operating in the EU will have to change the way they capture, process and use data of EU nationals. “It is a complicated process involving in-depth understanding of healthcare data privacy laws and policies in particular.”

 

GDPR applies to all the personal data of any employee, consumer, patient and/or customer who are in Europe. 

 

“With strong data protection strategies in place, consumers will place greater confidence in businesses and businesses will minimize the financial fall-out of a breach,” said Brown.

 

From a survey of nearly 380 U.S. companies, Black Book reports the top 15 GDPR solutions and services rated on 20 key performance indicators of consultant and client satisfaction.

 

The U.S.-based advisory firms receiving the top honors from North American clients on GDPR assessment, risk mitigation, readiness, compliance and response actions include (with U.S. headquarters location identified):

 

Data443 Risk Mitigation (North Carolina)

 

SailPoint (Texas)

 

CIPHER (Florida)

 

TrustArc (California)

 

DXC Technology (Virginia)

 

Caserta (New York)

 

Trustwave (Illinois)

 

SysArc (Maryland)

 

FTI Consulting (Maryland)

 

Templar Shield (California)

 

TBG Security (Massachusetts)

 

SecureWorks (Texas)

 

Microsoft (Washington)

 

HPE (California)

 

IBM (New York)

 

About Black Book Market Research LLC and Black Book Security

 

Black Book Market Research LLC, its founder, management and staff do not own or hold any financial interest in any of the vendors or public relations firms covered and encompassed in the surveys it conducts. Additionally, Black Book does not contract for, barter, exchange or accept direct services from any public relations firm mentioned in the rankings. Black Book reports the results of the collected satisfaction and client experience rankings in publication and to media prior to vendor/firm notification of rating results and does not solicit vendor/agency participation fees, review fees, inclusion or briefing charges, consultation requirements and/or vendor collaboration as Black Book polls clients.

 

Since 2010, Black Book Market Research LLC has polled the vendor and service firm satisfaction in the software/technology and managed services sectors around the globe. 

Templar Shield is a leading professional services company serving North America in information security, risk, and compliance technology. Templar Shield offers a wide variety of service choices, including consulting, embedded risk transformation consulting, activities, and technical alternatives, to satisfy the particular requirements for their client. Templar Shield has collaborated with more than 100 Fortune 1000 businesses and government entities to drive creative embedded risk and enforcement alternatives across multiple company tasks. Acting as a collective unit and taking advantage of the domestic procedures, assets, and information capital of the company to add to their service achievement

 

 


Risks have long been associated with businesses, owing to detrimental losses like fire, theft, or a natural calamity. Today, the dynamics of risks have evolved. They now are a diverse collection of obstacles and potential dangers that can hamper the business flow at all times. Cybersecurity, for starters, is one of the most evident threats that exist for organizations to counter. Moreover, with technologies like AI, cloud computing, machine learning, and more causing disruptions across every industry vertical, the complexities for organizations to deal with the risk increases as well.

 

 

To have well thought out strategies along with the right set of partners is quintessential to address enterprise risk. Besides, the right strategy will lead organizations to avoid the risks as well as layout contingency plans to minimize the impact in case of damage. Although, every organization follows specific standards and protocol to mitigate the risks, however, having the right enterprise risk management solution will further accentuate their capabilities. Right from risk identification and analysis to assessment and verification, and finally mitigating it,...

 


 

Templar Shield helps companies build, mature, and embed risk programs throughout the organization. The company offers a variety of services, focusing on the key tenant. This offering can help to create a tailored enterprise risk management capability for an organization, to create operational and sustainable value across the organizational stakeholders and customers. Templar Shield supports ERM capabilities assessment, risk framework advisory, risk assessments, ERM technology enablement

 

Momentum Partners has completed their selection of the 40 companies to the firm’s annual Watch List from the 1,700+ cybersecurity companies the firm tracks globally. Input was carefully considered from Momentum’s vast network of cybersecurity professionals, investors, and corporate dealmakers in order to identify these 40 companies displaying tremendous momentum.

 

“For the second year in a row, we are delighted to complete the firm’s Watch List of innovative and breakout companies in cybersecurity,” said Eric McAlpine, Momentum’s Managing Partner. “The firm’s Watch List and our CYBERscape sector taxonomy are labors of love and impossible without the assistance of our vast network in security. Together, we identify those companies we believe are uniquely innovative and have tremendous business momentum. We are not perfect, although the firm does have a strong track record to date identifying early on those breakout companies that have gone on to raise significant rounds of capital at higher valuations and/or achieve attractive M&A exits for their investors and employees.”

 

 

“The team is vigilant in our coverage of the cybersecurity ecosystem and we encounter many vendors with tremendous momentum,” said Michael Tedesco, Momentum’s Executive Chairman. “As such, we do our very best to listen to our network to identify these truly innovative companies. Congratulations to their founders, their teams, and their investors.”

 

The Momentum Watch List for the second quarter of 2016 included:

  • Cybereason: total endpoint protection platform including EDR and Next-Gen AV
  • Datashield: next-gen managed detection and response services to mid-market and enterprise
  • Lastline: advanced malware protection through a unique isolation and content inspection environment
  • Morphisec: Moving Target Defense technology to thwart and analyze cybersecurity attacks
  • Prevoty: RASP security, enabling enterprises to automatically protect their applications in production
  • Stealth Security: stealthily secures online applications from automation-based attacks
  • SentinelOne: endpoint protection that utilizes behavioral-based detection and automatic mitigation
  • Templar Shield: GRC; strategy, consulting, hosting, managed services and VAR
 
  • Uniken: mobile app & IoT security for authentication, transport beyond TLS & encrypted data at rest
  • Vidder: enables secure trusted access to applications based upon Software-Defined Perimeter protocol