Simplifying Data Protection Compliance in the EU

Protecting data is a big deal for many industries in the European Union (EU), especially after the introduction of the General Data Protection Regulation (GDPR) in 2018. The GDPR sets strict rules for how organizations handle personal data, and not following them can result in hefty fines and legal issues.

However, achieving data protection compliance is a complex task involving technical, organizational, and legal challenges. Questions arise, such as how to secure and manage data, monitor processing activities, and demonstrate compliance to regulators and the public.

To tackle these challenges, AesirX and Concordium have joined forces to offer a comprehensive solution: AesirX Privacy Scanner & Privacy Monitoring Service.

AesirX Privacy Scanner & Privacy Monitoring Service: What You Need to Know

AesirX Privacy Scanner is a free tool that checks websites for data privacy compliance based on factors like web beacons, third-party domains, cookies and pixel trackers. It's built on the EU's EDPS Inspection Software, designed to help businesses comply with European data protection laws like the GDPR.

AesirX Privacy Monitoring is a real-time scanning service for privacy risks. It allows organizations to automate data privacy compliance checks regularly, ensuring that their digital space adheres to privacy laws and builds customer trust.

The Privacy Scanner provides one free report per domain every 24 hours, while the Privacy Monitoring Service offers subscriptions for real-time, unlimited scans. The reports identify legal violations, potential breaches, and provide recommendations for resolution.

Wondering if your website meets GDPR standards? Use our tool to check and receive tips for fixing any issues!

Concordium Blockchain's Role in EU Data Protection Compliance

Concordium is a next-gen blockchain platform for secure, scalable, and decentralized applications. It has unique features like the Governance Layer for stability, the Identity Layer for secure digital identities, and the Compliance Layer to align with legal frameworks.

The partnership between AesirX and Concordium uses blockchain technology to create a verifiable record of privacy practices. This helps businesses demonstrate data protection compliance transparently, enhancing trustworthiness and reputation.

Concordium's blockchain enables the use of AesirX Shield of Privacy and AesirX Analytics together to ensure ethical and compliant insights, meeting regulations like GDPR.

Top 3 EU Industries Requiring Data Protection Compliance

Finance Industry (Banking, Investment, and Insurance)

The finance sector is the most regulated in the EU, as it handles massive amounts of personal and sensitive information. Strict GDPR regulations necessitate strong data protection, and AesirX Privacy Monitoring enables CFOs, Compliance Officers, and Risk Managers to manage compliance proactively and avoid costly fines.

Consider multinational banks using AesirX to ensure GDPR compliance, scan websites, and monitor data activities, replacing outdated systems with privacy-focused solutions. This not only helps with regulatory compliance but also enhances data security, preserving customer trust. 

Software/SaaS Industry (Software Development, Cloud Services, SaaS Providers)

This innovative and competitive industry faces cybersecurity threats and must comply with GDPR and proposed EU-wide cybersecurity standards. AesirX and Concordium offer continuous monitoring, GDPR compliance, and vulnerability assessments.

AesirX Privacy Monitoring seamlessly integrates into the development process, offering insights to mitigate vulnerabilities. This not only helps organizations remain resilient to cyber threats, but also ensures compliance with industry security standards. For CTOs and IT Security Managers, this means peace of mind while also building trust with customers and stakeholders.

Manufacturing Industry (Automotive, Electronics, Consumer Goods)

As a vital sector producing diverse goods and services, manufacturing companies handle extensive data, requiring compliance with GDPR. AesirX Privacy Monitoring evaluates manufacturing processes, ensuring data protection from the ground up. It also adds an extra layer of protection with real-time surveillance of data activities.

In the Manufacturing sector, operational data protection, IP security, and overall compliance are paramount. AesirX supports these companies in adhering to regulations and implementing robust data protection measures.

Enter a New Era of Data Protection Compliance with AesirX and Concordium

The collaboration between AesirX and Concordium marks a new era in data protection compliance for EU industries. With Privacy Scanner and Privacy Monitoring Service, businesses can navigate regulations confidently, fostering a proactive data protection culture. 

Additionally, AesirX offers a Privacy Review Package, priced at just $2,495 USD. Our experts assess your privacy framework, providing actionable insights and strategic recommendations. We also replace your old system with the AesirX First-Party Foundation, ensuring alignment with the GDPR compliance best privacy practices, and implementing solutions like:

• AesirX Analytics: Privacy-focused web analytics that doesn't rely on third-party cookies or trackers.
• AesirX Business Intelligence: In-depth, privacy-compliant insights to understand your customers and optimize business performance.
• AesirX First-Party Server: Secure data storage under your control.
• AesirX Shield of Privacy: Consent handling respecting your customers’ preferences and complying with the latest privacy regulations.

Take a step towards enhanced data protection and compliance with AesirX. Request a review and update your data protection practices today!