GMV has taken part in the (ISC)² Security Congress of 2017, held in the city of Austin, Texas, from 25 to 27 September.

On the third day of the congress, in the panel discussion "GDPR - What You Need to Know", GMV shared with the congress-goers its view of the General Data Protection Regulation (GDPR). Mariano J. Benito, CISO of GMV Secure e-Solutions, ran through the company’s experience in bringing security systems into line with Europe’s new General Data Protection Regulation, giving the European viewpoint in a congress with a US audience and fellow speakers.

The panel discussion considered practical aspects of regulation enforcement in companies, ranging from identification of activities that need to be taken on almost immediately to the exercising of the rights granted by the regulation to stakeholders and how to implement them. Other aspects dealt with were the processing and keeping of accounting records, audits or any other types of record, or the fines that might be imposed for any breach.

The panel discussion also looked at the need for this new regulation and why it is being driven by the European Union, concentrating on the difficulties faced by US companies or the opportunities opened up for them by its application. On this particular point GMV is well aware that US cognizance of GDPR compliance is well below the level of awareness in EU countries.

It is therefore now incumbent on all companies and institutions to ensure ongoing compliance with this new regulation. GMV is looking firmly at the wider picture, sure in the knowledge that the new regulation will eventually have a worldwide effect and accordingly advising companies about the measures to be taken into account to ensure this compliance with the regulation’s principles, rights and guarantees.