EU GDPR: A Corporate Dilemma A Study on Corporate Readiness to Remove Customer Data
05/02/2016 05:21
On December 15, 2015, an agreement on the General Data Protection Regulation (GDPR) was reached following four years of negotiations between the European Commission, the European Parliament and the European Council. With maximum fines set at 4 percent of an organization’s worldwide turnover, or €20 million (whichever is higher) and compliance to be mandatory by 2018, organizations must begin planning now to implement the necessary IT tools, processes and documentation to ensure compliance.
We surveyed over 500 corporate IT professionals around the world to understand their organizations’ level of awareness, preparation and capacity to meet the ‘right to be forgotten’ requirements and comply with the General Data Protection Regulation.