The famous countdown clock in Times Square has just ushered in 2018, but there’s another clock that’s ticking – the one that marks the coming of the European Union’s General Data Protection Regulation (GDPR). This new set of stringent rules governing data protection massively impacts organizations around the world. Is your enterprise prepared?
Many global business decision makers are unaware of the implications of the forthcoming General Data Protection Regulation (GDPR), as well as other compliance regulations like PCI-DSS and ISO27001/2, with one in five admitting they do not know which regulations their organization is subject to.
An Experian Data Breach Resolution and Ponemon Institute industry study says that while companies generally are aware of and intimidated by global privacy and data security regulations, they fail to properly understand and address necessary organizational changes to comply.
The General Data Protection Regulation (GDPR) effective date is just about a year out, but already we can see the work companies are doing to achieve compliance having a significant impact on the privacy landscape here in the United States.
