Identillect Enabling Companies to Comply With GDPR

Identillect Technologies (TSXV:ID), a leading provider of email security announced its continuous focus on being a solutions provider enabling companies to comply with GDPR utilizing Delivery Trust.

As quoted in the press release:

Identillect assists organizations to comply with all data handling regulations including the GDPR. As with any changing regulation, companies need to be educated as to how they must comply and be guided along a path of least resistance. Unfortunately, there are limited resources available to help American businesses to understand the security requirements required in order for them to engage with European customers. Identillect is also ensuring it will have Certified EU GDPR Practitioners on staff in 2018, so it may educate and deploy the correct security products.

U.S. companies with an internet presence which allow access from European IP addresses must comply with the GDPR. Due to the lack of understanding and enforcement of protocols, some U.S. businesses have decided to restrict the access of European IP addresses (e.g. Los Angeles Times, Chicago Tribune, and The New York Daily News have restricted European access), rather than risk hefty fines for data-privacy violations. “With 500 million people living in the European Union, that’s a hard ban on one-and-a-half times the population of the United States,” defined in a recent article How GDPR is Affecting Business.

Identillect’s CEO Todd Sexton was quoted, “Identillect continues to position itself to be a significant provider of security products for GDPR compliance. California has proposed a ballot initiative for regulation mirroring GDPR. Additionally, the Federal government is considering this strategy as well. Through our development and marketing strategy, along with partnerships with innovative technology providers like MaidSafe, we will ensure long term strategic positioning for secure compliance to regulatory adherence.”

Nick Lambert COO at MaidSafe said, “As companies conduct almost all their business online, the requirement to secure corporate data has never been greater. This is why we created the SAFE Network, a next generation decentralized data platform which uses multi layered encryption by default to ensure user data is protected at all times. Working alongside partners like Identillect, we will provide cutting edge data security products to companies around the world.”

Identillect understands businesses do not necessarily comply with the regulations immediately after implemented, and behavior will adjust over time. Shifting security protocols will change with greater education as well as the assessment of fines and penalties for lack of compliance. Through strict security protocols, blockchain technology, decentralization, and education, Identillect continually positions itself to cater to U.S. and EU businesses. Identillect is in the process of deploying an educational and marketing plan focused on supporting resellers in Europe and assisting companies in the U.S. who need to comply with GDPR.

One of the largest issues businesses are challenged with is GDPR provision for a customer’s “Right to be Forgotten.” If a business is requested to dispose of a customer’s personal identifiers, it must comply within 30-days of the request and prove the destruction of customer personal information. With Identillect’s Delivery Trust^®, when information is deleted from our system it is overwritten 5 times, ensuring the data is properly disposed of and verification of the activity can be provided to the customer allowing the business to comply with GDPR. Additionally, the housing of personal information within the encrypted environment and the blockchain ensures integrity of the information. This is achieved in a hashed form of the information with the original data sent being encrypted, ensuring absolute compliance to GDPR.