GDPR

November 8th, 2017 by admin Leave a reply »

HyTrust conducted survey of 323 attendees at the VMworld 2017 conference in Las Vegas, Nevada. It found that only 21 percent are concerned about GDPR compliance regulations and plan to implement it. Twenty seven percent are concerned but have no plan to implement.

“If you think GDPR desn’t apply to your organization, think again,” HyTrust president and founder Eric Chiu mentioned in a statement.

“Most organizations today are very aware of their security risks, but are not as far along with technology and processes to meet the GDPR compliance requirements, despite a May 2018 deadline that has significant fines for failure to comply,” Chiu added.

Another survey conducted by Carbon Black survey of 120 business decision makers has below findings –

Eighty six percent of respondents mentioned that they are confident in their ability to comply with GDPR requirements

Fifty eight percent are not using effective risk management tools

Survey conducted by Computing Magazine stated that only ten percent have their toolsets for classifying critical data and prioritizing risk to data.

“In order to effectively identify and neutralize data breaches, it’s essential to know what constitutes normal network behaviors versus what is suspicious,” Carbon Black senior director for compliance and governance programs Chris Strand said in a statement.

“Failing to align the right data protection toolsets with people and processes, many organizations are at risk of non-compliance with the GDPR and, more importantly, putting their customers’ information in jeopardy,” Strand added.

Survey conducted by IAPP-EY survey of 548 privacy professionals worldwide shows that fully 95 percent ( 75 percent of whom are located outside the EU) say the GDPR applies to their organization.

“Even though the EU’s GDPR has yet to take effect, organizations the world over are spending money on hiring and promoting privacy staff, training employees on privacy, purchasing technology to help with GDPR compliance, and pushing privacy awareness into every corner of the firm,” the report states.

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