Securiti Tops DSPM ratings by GigaOm

View
Contact Us Schedule a Demo

The European Union’s Data Act

Last Updated on September 30, 2024

Schedule Your
Personal Demo

Learn how you can leverage Securiti’s Data Command Center to address data security, privacy, governance, and compliance.

Request a Demo
Schedule your demo today

The Regulation (EU) 2023/2854 of the European Parliament and of the Council on Harmonised Rules on Fair Access to and Use of Data, also known as the Data Act, entered into force on 11 January 2024. This regulation marks a significant step in the European Union's (EU) efforts to regulate data access and usage by allowing the free flow of data within the EU.

The Data Act will become applicable on 12th September 2025, except for select provisions that will come into effect later. It aligns perfectly with the EU's Digital Decade goal of initiating an era of digital transformation within the single EU market.

The Act centers on data interoperability, fairness by design, transparency, equitable access, and data portability, in addition to several other vital data processing considerations, especially for small and medium-sized enterprises (SMEs).

The Solution

Securiti empowers all organizations to ensure compliance with the Data Act's requirements and obligations with its wide range of products, which include, but are not limited to, AI-enabled data discovery and classification, DSR automation, universal consent management, documented accountability, data breach management, data access intelligence, data security posture management, and vendor risk assessment.

The solutions mentioned above are backed up by industry-leading artificial intelligence and machine-learning-based algorithms, cementing Securiti's authority as a market leader in data privacy, security, compliance, and governance solutions.

The European Union’s Data Act

Request a demo today to learn how Securiti can help you and your organization comply with the EU's Data Act.

Data Subject Request Automation

Article: 4(1), 11(2)(a)

Automate the entire process related to fulfilling the user’s requests related to the exercise of their data rights with customized web forms and DSR request verification to gain real-time updates on the status of each request via the central dashboard.

DSR
Data Breach

Breach Management

Article: 11(2)(c) 

Automate data breach response notifications to all concerned stakeholders as soon as legally obliged by leveraging a knowledge database on security incident diagnosis and response.

Data Mapping

Article: 26(b)

Trace, classify, and label data within your organization's data infrastructure to ensure appropriate security controls are enabled on the most sensitive data. Leverage the same module to identify sensitive files such as consent forms and financial statements and record them under appropriate categories.

Data Flow Mapping
DSPM

Data Security Posture Management

Article:11, 28(b), 32(1)

Gain comprehensive visibility into potential misconfigurations in data assets across public clouds, data clouds, SaaS, and on-premises environments, in addition to contextual data insights, including people ownership, regulatory obligations, and security and privacy metadata.

Vendor Assessments

Article: 28, 36

Track privacy and security readiness for all your service providers and processors through a centralized dashboard. Moreover, collaborate with vendors, automate data requests, and manage all vendor contracts and compliance documents using a consolidated platform.

Vendor Management

Key Facts About the EU's Data Act

Here are some key facts to know about the EU's Data Act:

1

The Data Act is part of the EU's broader European Strategy for Data where, along with other similarly comprehensive regulations on various aspects of data, the EU plans on having strong data protection mechanisms in place for a robust digital economy by 2030;

2

The Data Act promotes data interoperability by introducing rules for common standards and frameworks that would ensure data can safely and, more importantly, legally flow across multiple systems and industries;

3

The Data Act will apply to all non-personal data generated by connected devices and their associated services, such as via the Internet of Things or data generated via sensors;

4

Vitally, the Data Act provides further clarity related to international data transfers, ensuring that all data that originates within the EU will remain subject to EU law, such as the GDPR, even when the data is transferred outside the EU;

5

Each EU member state will designate one or more competent authorities to be responsible for the application and enforcement of the Data Act, which will be referred to as competent authorities;

6

Member states have until September 12, 2025, to forward their rules related to penalties applicable within their jurisdictions for violations and non-compliance to the European  Commission;

7

The European Commission is required to maintain and update an easily accessible public register for all such rules.

IDC MarketScape

Securiti named a Leader in the IDC MarketScape for Data Privacy Compliance Software

Read the Report

What's
New