RADAR extends breach risk assessment platform for GDPR compliance

RADAR has extended its breach risk assessment platform to help organisations simplify compliance with the GDPR.

The incident response management and decision-support SaaS solution provider said it has extended its purpose-built multi-factor platform to help with GDPR’s complex and time-sensitive breach notification requirements, which go into effect May 25, 2018.

GDPR introduces a duty on all organisations to report certain types of personal data breach to the relevant supervisory authority.

The territorial legislation carries significant complexity and consequences for most organisations with or without establishment in the EU, including a requirement to provide breach notification to the applicable data protection authorities within 72 hours and to affected individuals if the breach poses high risk. For non-compliance it also has potential to implement face fines of up to four percent of annual global turnover for non-compliance.

Its automated multi-factor risk assessment platform for compliance with US federal, state and sector-specific breach laws, RADAR’s patented Breach Guidance Engine will provide the necessary consistency and efficiency for compliance with the GDPR’s stringent breach risk assessment and notification timelines.

We eliminated the subjectivity, inconsistency, and inefficiency inherent in determining whether security breaches are reportable under this new legislation,” said Mahmood Sher-Jan, CEO of RADAR, Inc. “Extending RADAR’s automated incident risk assessment and breach notification guidance and workflows to support the GDPR was a commitment we made to our multinational and enterprise customers that rely on RADAR to operationalize their privacy and security incident response processes.”

RADAR is a patented SaaS-based incident response management platform that simplifies and streamlines compliance with data breach laws. Its Breach Guidance Engine leads users through an intuitive workflow that profiles and scores data privacy and security incidents and generates incident-specific notification guidelines to help ensure compliance with data breach laws as well as contractual notice obligations. Fortune 100 companies and other organisations from heavily regulated industries in finance, healthcare, insurance, and beyond rely on RADAR for an efficient and consistent process for incident response according to the company.

 

Enjoyed the story? 

Subscribe to our weekly RegTech newsletter and get the latest industry news & research

Copyright © 2018 RegTech Analyst

Investors

The following investor(s) were tagged in this article.