It’s February, 2017. Do you know where your GDPR plans are?
On May 25 of next year, the General Data Protection Regulation goes into effect, yet many companies with users from European Union countries are not ready to meet the requirements for protecting rights to personal data. The GDPR applies to all companies with such users, whether or not the companies are physically in those countries.
The exact number of unprepared businesses varies according to the survey, but it appears to be huge.
In October of last year, for instance, a survey by Dell found that over 80 percent of global businesses knew little or nothing about GDPR, less than one-third felt they were prepared, and almost 70 percent said either they weren’t prepared for the GDPR — or didn’t know if there were prepared.
According to a recent, detailed paper on GDPR — sponsored by cloud security provider CipherCloud — 58 percent of mid-sized and large organizations are “not sufficiently familiar” with the GDPR scope or penalties, and only 10 percent think they are “completely ready.”
That overview, “GDPR Compliance and Its Impact on Security and Data Protection Programs,” offers a good place to start.
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