SAN MATEO, Calif., Sept. 12, 2017 /PRNewswire/ — Neo4j, the #1 platform for connected data, today announced a graph solution to help companies navigate the new regulations in advance of the EU General Data Protection Regulation (GDPR). Using Neo4j, organizations doing business in the EU or that process personal data originating in the EU, be it the data of residents or visitors, can experience full visibility within their data and the connections between the data.
With GDPR going into effect on May 25, 2018, any organization that does not adhere to GDPR regulations will face heavy non-compliance fines. GDPR replaces the Data Protection Directive and was designed to harmonize data privacy laws across Europe, to protect and empower all EU citizens’ data privacy and to reshape the way organizations across the region approach data privacy. GDPR will impact every entity that holds or uses European personal data both inside and outside of Europe.
“Neo4j is a graph database built on the foundation of helping organizations find meaning within their data,” said Emil Eifrem, CEO and Co-Founder of Neo4j. “With the onset of GDPR, we are happy to use our technology to help companies remain compliant with regulations that will inevitably impact countless datasets. Every tweet, entry in a log file or part of a website that a user has visited lies within personal data affected by the regulation. It’s a huge requirement to understand the entire context of how a customer interacted with an organization and Neo4j can manage all of this so organizations can remain compliant and worry-free.”
In modern organizations, personal data resides in many applications that span servers, data centers, geographies, internal networks and cloud service providers. GDPR holds organizations accountable for that data regardless of where it is stored, and requires those organizations to be able to access, report and remove personal information from all those systems when required by consumers or regulators.
To satisfy GDPR requirements, companies must be able to track the movement, or lineage, of a contact’s personal data—where it was first acquired, whether consent was obtained, where it moves over time, where it resides in each system, and how it gets used. The connections among those systems and silos are key to tracking the complex path that personal data follows through an enterprise.
As the #1 Platform for Connected Data, Neo4j includes powerful visualization tools that enable companies to model and track the movement of sensitive data through all systems. The technology allows companies provide easy, clear answers about personal data to:
- Regulators who demand proof of GDPR compliance
- GDPR-mandated Data Protection Officers and internal staff responsible for preserving privacy across all systems
- Individual consumers who ask what is known about them and how that data is being used
To learn more about Neo4j and GDPR, visit: https://neo4j.com/?ref=inkhouse
About Neo4j, Inc.
Neo4j is an internet-scale, native graph database that leverages connected data to help companies build intelligent applications that meet today’s evolving challenges including machine learning and artificial intelligence, fraud detection, real-time recommendations and master data. As the #1 platform for connected data, Neo4j has over three million downloads, the world’s largest graph developer community, and thousands of graph-powered applications in production.
The world’s most sophisticated organizations worldwide, from enterprises like Walmart, eBay, UBS, Cisco, HP, adidas and Lufthansa to hot startups like Medium, Musimap and Glowbl, use Neo4j to harness the connections in their data.
Neo4j is privately held and funded by Eight Roads Ventures (an investment arm of Fidelity International Limited), Sunstone Capital, Conor Venture Partners, Creandum, Dawn Capital and Greenbridge Investment Partners. With its headquarters in San Mateo, Calif., Neo4j also has regional offices in Sweden, Germany and the UK. For more information, please visit Neo4j.com and @Neo4j.
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CONTACT: Neo4j, Dan O’Mahony, InkHouse for Neo4j, (415) 299-6600, firstname.lastname@example.org