Inquiry Finds Businesses not Prepared for GDPR

Worrying news from the U.S. is that the latest survey carried out by HyTrust, safety solutions experts, demonstrated that nearly 80% of respondents were not trained for the launch of the General Data Protection Regulation (GDPR), on 25 May 2018.

The 323 organizations questioned were all speaking about their Cloud Setup, which is clearly an important feature of the safety of private data.

 

‘GDPR doesn’t affect them’

 

Possibly, the most distressing number to come from the analysis was that 52% of respondents stated that the organization they represented wasn’t worried about GDPR, or didn’t think it would influence them in any manner. This is probably because of the general misunderstanding that GDPR only affects organizations or companies that are centered within the EU. The fact is that the GDPR will have an international effect because it pertains to any business that handles the private data of people who reside within the EU. Odds are that those businesses which think GDPR doesn’t apply to them might be in for a nasty shock.

 

What the results might be

 

Apart from the 52% of respondents, we have already talked about, 27% stated they didn’t have an operational plan in place in spite of having worries about GDPR. These businesses are right to be worried. Failure to conform might result in fines of up to $20 million or 4% of the yearly transaction, whichever is more.

If the outcomes of the HyTrust analysis are anything to go by, several US businesses might experience difficulties when the GDPR comes into effect on 25 May 2018.