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December 19, 2017 | EfficientIP | DNS Security, GDPR
The deadline to comply with the General Data Protection Regulation (GDPR) is getting closer (25th May 2018). This new edict will offer great opportunities for companies to strengthen customer trust by bringing them more personalized solutions, resulting in greater satisfaction. Compliance can save companies from paying hefty fines, as well as bring long-term reputational gains and better understanding of their customers.
Data confidentiality will become vital in a post-GDPR world. In order to ensure it, companies will have to pay closer attention to DNS (Domain Name System). Over 90% of malware use DNS to gain command and control, exfiltrate data or redirect traffic. Hackers often remain undetected because DNS is rarely monitored and analyzed, so most malicious activity usually slips under the radar. This makes DNS exfiltration an “easier” option than other means of data theft. Recent research showed 32% of companies have intellectual property stolen by data exfiltration via DNS.
Companies can show their customers that their personal information is in good hands by making sure data privacy is respected throughout the organization. By implementing a highly secure DNS system to act as a gatekeeper, organizations can help ensure data confidentiality as advanced DNS security features are able to detect and block suspicious activity.
GDPR is currently viewed by most organizations at best as an annoyance, and at worst as a threat to their productivity. Sadly, in the news it is mostly associated with heavy fines, a conundrum for every IT and legal department, and HR hell for teams having to hire, assign or promote a data protection officer (DPO).
However, despite the bad press, GDPR will result in reinforced customer confidence. As companies grow more transparent as to how they handle their customers’ personal data and private information, their reputation can only improve if they are well-prepared. Implementing solutions to protect data could restore trust that has been wavering with the recent string of cyber attacks hitting large businesses (Equifax, Deloitte, HBO) and a number of hard-hitting malware (WannaCry, NotPetya, BadRabbit).
Only organizations willing to go the extra mile will be able to differentiate themselves, those utilizing specialized DNS protection and not relying only on outdated legacy firewall solutions. Duncan Brown, Associate Vice President at IDC, explained: “Enhanced DNS security is an added layer of protection when considering security and privacy for the network, data, and customers, while preserving reputation and enabling GDPR compliance”.
GDPR will help organizations provide a customer-centric security solution which differentiate them positively in the customer’s mind. Data theft and outages are major customer concerns, as their impact is not just financial as it also causes lasting brand damage.
The Macy’s outage on Black Friday last year and its credit card system outage this year has taken a toll on the brand’s reputation. These issues are costing billions to retailers each year. UK retailers look prepared to prevent online outages, but the resulting queues is not the experience customers were looking for when shopping online.
Brand damage will result in customer churn, but it can be avoided by reducing data theft and ensuring the business is operational at all times. Data privacy will also be taken more seriously, encouraging companies to manage their data more effectively, consolidating it into a unified platform: being able to locate, analyze and report on the data.
GDPR is driving businesses toward those positive changes that will help them retain and gain customers by complying with the recommendations of the regulation and taking necessary steps toward customer satisfaction. Smart organizations will be prepared in advance of the GDPR deadline in May 2018. They will reap short and long term benefits.
Tags: command and controlComplianceData confidentialityData exfiltrationData privacyData protectionData theftDNSDNS protectionDNS securityFirewallGDPRMalwareSecure DNS
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