UK businesses less prepared for GDPR than European counterparts
The new GDPR legislation is now just a year away from coming in to force, but new research claims that British businesses are not nearly as prepared as expected.
A study by Blancco Technology Group reveals that the UK is significantly less prepared than its European counterparts, with companies lagging behind the rest of the continent.
IoT data threats and other issues global companies face as GDPR nears
While the E.U.’s General Data Protection Regulation (GDPR) won’t take full effect until May 25 2018, multi-national companies do need to take thoughtful action now to be certain their E.U.-based operations will be fully compliant when the time comes.
With WannaCry, the world’s largest ransomware attack fresh in their minds, most global businesses are hyper-focused on data security in formulating responses to GDPR. However, many are less well organized in their approach to the data privacy issues related to the new regulation. The lack of a well-formulated approach should give global companies pause though, particularly because the definition of data privacy under GDPR is especially broad, and because harnessing IoT data can be very challenging.
One year from GDPR, organizations are struggling to get compliant by the deadline
The EU General Data Protection Regulation (GDPR) comes into force on May 25th 2018, but a new survey by data protection company Varonis shows companies are struggling to meet the deadline and are pessimistic about its effects.
The results from 500 IT decision makers in the UK, Germany, France and the US, reveal that 75 percent of organizations say they will struggle to be ready for the deadline.
More businesses are becoming familiar with GDPR, but fines are still likely
Even though the GDPR is just a year from coming into force, the majority of businesses are still unprepared. This is according to new research from Compuware, which says businesses are risking huge non-compliance fines.
Some businesses, truth be told, have made progress since last year.
Many senior executives do not know GDPR is coming
More than four fifths (84 percent) of small business owners in the UK, and almost half (43 percent) of senior executives in large companies have no idea what GDPR is and that it’s coming.
That's according to Shred-it’s Security Tracker research, which also found that roughly one in seven (14 percent) of small business owners, and 31 percent of senior executives know what the fines of not complying with the GDPR are.
One in four European businesses don't know GDPR is coming
Every fourth European company has no idea GDPR is coming its way. Consequently, they don’t know about the dangers and the draconic fines that follow those that don’t comply with the upcoming regulation.
This is according to a new report by IDC Research, based on a poll of 700 European companies. More than half (52 percent) don’t know what the impact on their organization is.
Firms worldwide say GDPR could harm their business
With implementation of the EU's General Data protection Regulation less than a year away, a new study reveals that many firms are worried about the effect it could have on their bottom line.
The survey from information management company Veritas shows 38 percent of companies think they could lose customers or go out of business as a result of non-compliance. UK firms are expected to spend $1.4 million on GDPR compliance by 2018, but only 37 percent are ready now.
GDPR and what it means for businesses
The EU's General Data Protection Regulation (GDPR) comes into force in just over a year's time, but what impact will it have on business data protection efforts?
GDPR is one of the toughest pieces of data protection legislation in the world and will impose heavy penalties for non-compliance for any business around the world that collects or processes EU resident data -- even if the company is based outside the EU.
Marketers underestimate GDPR's ramifications
Awareness of the GDPR has gone up, but B2B marketers are still falling behind and underestimating the impact of the new regulation, according to a new report by the DMA.
More than a quarter of businesses (28 percent) still feel unprepared, which is just a two percent decrease, compared to earlier numbers. The number of marketers that have a "good" awareness about GDPR has risen 13 percent, to 66 percent in total, the report claims. B2B marketers, however, are at the both ends of the spectrum.
Many UK businesses cancelled GDPR preparations due to Brexit
Here's a facepalm moment for you this morning -- a quarter of UK businesses stopped preparing for the GDPR thinking the regulation won't apply once the UK leaves the EU.
The GDPR, or General Data Protection Regulation, has been ratified by the UK and will come into force on May 2018 -- which will almost certainly be before the UK leaves the EU.
Most UK businesses will be ready for GDPR
Whoever gets to enforce GDPR on businesses is going to have their hands full starting May next year. According to DMA, 26 percent of marketers believe their businesses are unprepared for the General Data Protection regulation, and just two thirds (68 percent) believe they will be compliant in time for the deadline, which is May 2018.
In the second edition of DMA’s "GDPR and you" series, it says that two thirds of marketers (66 percent) have "good" awareness, up from 53 percent in June last year.
Most UK businesses still unaware of GDPR
Despite the fact that the media has dulled its teeth and worn out its keyboards, talking and reporting about the General Data Protection regulation (GDPR), less than half (47 percent) of businesses in the UK are aware of it. What’s more, just four in ten (40 percent) are fully aware of the NIS Directive.
Both documents will be coming into effect in 2018, and will significantly change how we do business online.
Tools to help businesses prepare for GDPR compliance
The data processing landscape has seen huge changes since 1995, in May 2018 the EU is replacing the Directive with a new regulation, the General Data Protection Regulation (GDPR). Enforceable from May 2018, organizations have had to take account of their responsibilities under the DPA for many years now.
Many have mature and well-considered data management policies in place that already address elements of the GDPR. Nonetheless, with the threat of significant penalties for data breaches under the GDPR it would be prudent to reexamine procedures and to consider how these can be enhanced to ensure compliance when GDPR comes into effect in May 2018.
GDPR predictions for 2017
The European Union’s General Data Protection Regulation (GDPR) is due to come into force on May 25, 2018. This means that IT teams have more than a year to audit their IT systems, check existing customer records and data, and ensure that these systems respect the new set of rules that will be in place.
However, the gap between intentions and actions can be a big one. So what do I predict will happen around GDPR in 2017?
What you need to know about GDPR
The concept of data protection has been around for many years, since the UK first implemented a Data Protection Act in 1984. The general data protection regulation is a piece of legislation drawn up by the European Commission to unify data protection within the EU and to govern the export of personal data beyond the EU’s boundaries.
GDPR is due to come into force across the EU in May 2018 following a two year transition period. Being a regulation rather than a directive, it doesn’t require enabling laws to be passed by member states.
Recent Headlines
© 1998-2024 BetaNews, Inc. All Rights Reserved. Privacy Policy - Cookie Policy.