The General Data Protection Regulation (GDPR) is now approaching, however, current analyses show that organizations are not well prepared for its application. Exchange Wire questioned a selection of data experts, and although 32% said they grasped the new rules completely, just 3% could actually discuss what is protected by GDPR.
This is a considerably low figure, and disturbing since experts appear to believe their consciousness levels are greater than they really are. This obvious lack of groundwork is supported by other analyses.
Lack of groundwork for GDPR is general
McAfee discovered that although 25% of organizations that replied to its survey had been arranging for GDPR for 3 or 4 years, this implied that 75% were far behind in the groundwork stakes. A study by the Compliance, Governance and Oversight Council (CGOC), centered in Austin Texas, proposed that just 6% of the experts they examined felt they, as well as their organizations, were ready for the new law.
Not All Bad News
The obvious lack of groundwork is cause for worry, given that the latest GDPR rules start on 25 May, 2018. However, a few survey outcomes indicate a more positive image. A study by the International Association of Privacy Professionals (IAPP) and TrustArc were targeted at pinpointing particular areas of danger linked with the new laws. On the whole, 84% of respondents in the United States said they felt prepared for the modifications; even though the figure decreased to 75% for respondents in the European Union. It is also exciting to note that experts who felt that GDPR did apply to them didn’t reply.
Those who did reply pinpointed investment in coaching as the key tool for alleviating danger. Given the figures informed in most analyses, it appears as though this kind of coaching is essential if organizations are going to successfully apply the new rules.