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SC Analysis Brief: Preparing for GDPR

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10 Pages

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With GDPR’s enforcement deadline looming in May 2018, the potential for unprecedented noncompliance penalties (up to the greater of €20 million or 4% of total worldwide revenue) and a broad regulatory scope have catapulted GDPR compliance to the top of many organizations’ priority lists. But, how are these organizations planning for GDPR, and how far along are they in their preparations? What components of the compliance toolkit do they consider most important? To answer these questions, SC Media surveyed 337 IT and security professionals in the U.S. that do business in the EU and access European citizens’ private data. This market focus survey report provides critical insights on how to form a winning GDPR compliance strategy.

Here are just some of the findings discussed in the report:
•    45% of respondents said their companies had already begun planning and/or implementing GDPR.
•    24% of respondents said their companies would NOT be compliant by May 2018.
•    In prioritizing components of GDPR, 52.8% of respondents considered “Data Security and Breach Notification Standards” a high priority and 45.7% of respondents considered “Mapping Customer Data” a high priority.
•    36.5% of respondents said they would be increasing their technology spending on data classification, while 42.6% said they would maintain their spending in this category.

Related Topics:
Endpoint Detection and Response , Risk / Compliance

Related Products:
EnCase Risk Manager , EnCase Endpoint Security

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