Wednesday, 21st August 2019

SureCloud helps U Account with GDPR compliance

Leading Fintech solutions provider selects SureCloud to simplify and manage its GDPR programme.

Leading Fintech solutions provider U Account has deployed six applications from the SureCloud GDPR Suite to enable the business to achieve and maintain compliance with the EU Regulation that came into force in May 2018.


U Account selected the SureCloud GDPR Suite, delivered from the SureCloud Platform after it demonstrated the ability to link and cross-reference processing activities across all business processes. In addition, the solution enabled the organization to support both their benchmarking and ongoing compliance requirements from a single access point.


U Account's package includes six GDPR applications: GDPR Program Tracker, GDPR Management, Information Asset Management, Compliance Management, Risk Management (privacy variant), and Incident Management for GDPR. The deployment covers the 50,000 personal customer and employee records the business handles, including names, date of birth, address, account numbers and much more, enabling the business to ensure that it can confidently demonstrate its commitment to data protection and privacy.


Kieran O'Shea, Head of Compliance and Data Protection Officer at U Account commented: "As a business that is cloud-native it was important to us that any solution not only met our compliance requirements but was also cloud-based, without the need for thousands of spreadsheets. We reviewed a number of solutions, including open source, custom made and off the shelf solutions, ultimately selecting SureCloud as they not only met all our requirements but enabled us to have a mature, well-established off the shelf solution with room for custom configuration."


Nick Rafferty, COO at SureCloud commented: "With organizations facing fines of 20million Euros or 4% of revenue if they fail to comply, it is critical that they ensure that their data handling processes meet the principles laid out in the GDPR Regulation. The GDPR will impact businesses across every sector, and we are delighted to be working with U Account to ensure that it is working towards compliance."

Respondents identify people as biggest source of cyber threats, with Facebook and BA as most notable...
Research reveals that companies investing in the latest cyber security products and services are ris...
New levels of industry collaboration will protect and secure people, processes and technology.
IBM Security has published the results of its annual study examining the financial impact of data br...
According to a new global survey from CyberArk, 50 percent of organizations believe attackers can in...
Nearly 70% of SMBs have not identified and documented cybersecurity threats.
Insights gathered by Delphix reveals that companies are not masking sensitive data.
Secureworks has published the findings of a research report which analysed more than a thousand inci...