We’re excited to announce that UK companies can now have visibility and control of their cloud applications thanks to our first reseller partners in the UK: Prevention Software and Cyber Secure. These partners are now offering our CASB product, Cloud Access Monitor. With the UK cloud security market expected to grow by 20% by 2022 and the EU General Data Protection Regulation (GDPR) going into effect in May 2018, the time is now for UK companies to defend themselves against the inherent risks of cloud apps like Google G Suite and Microsoft Office 365.
The Impact of the GDPR in the UK
UK companies who “process data about individuals in the context of selling goods or services in other EU countries” must comply with the GDPR. And earlier this month, the UK government announced the Data Protection Bill, an update to the existing UK Data Protection Act of 1998, which aligns UK’s data privacy laws with GDPR, helping Britain prepare for a successful Brexit. The update allows people to have more control over their personal data and outlines regulations companies who handle that data must follow.
Awareness has increased over the past couple years, but there’s still a ways to go. The 2017 FTSE 350 Cyber Governance Health Check Report, released in July, found that of the companies surveyed:
- 68% have not received any training to deal with a cyber incident
- Only 54% view cyber risks as a top risk when compared with all the risks faced by their company
- Only 31% receive comprehensive and informative information on cyber risks
In light of the GDPR and the new Data Protection Bill, companies must get with the program and make cybersecurity a top priority. Cloud Access Monitor is an effective and affordable way to provide the visibility and control of shared data that will help companies meet these new regulations.