FINAL WORD
Organisations
worldwide
mistakenly
believe they are
GDPR-compliant
Only two per cent of 'GDPR-ready'
organisations are compliant, says Johnny
Karam – VP Emerging Market at Veritas,
which reveals a distinct misunderstanding
over regulation readiness.
Johnny Karam – VP Emerging Market at Veritas.
A
study from Veritas Technologies, a leader in multi-cloud
data management, has found that organisations across
the globe mistakenly believe they are in compliance with
the upcoming General Data Protection Regulation (GDPR).
According to findings from The Veritas 2017 GDPR
Report, almost one-third (31 per cent) of respondents said
that their enterprise already conforms to the legislation’s key
requirements. However, when those same respondents were
asked about specific GDPR provisions, most provided answers
that show they are unlikely to be in compliance. In fact, upon
closer inspection, only two per cent actually appear to be
in compliance, revealing a distinct misunderstanding over
regulation readiness.
The findings from the report show that almost half (48 per
cent) of organisations who stated they are compliant do not
have full visibility over personal data loss incidents. Moreover,
61 per cent of the same group admitted that it is difficult
64
Failure to meet GDPR
requirements could
attract a fine of up to 4
per cent of global annual
turnover, or €20 million,
whichever is greater.
Issue 10
INTELLIGENT TECH CHANNELS