According to the report from IT Governance, Six months after the May- General Data Protection Regulation (GDPR) deadline for EU based organization only 29% have fully implemented it. This regulation GDPR came into effect from May 25, 2018, with the aim to handle data from EU residents. As per the EU law, if an organization fails in implementing the GDPR the organization have to pay the maximum penalty of 4% of its global annual revenue.
As per the GDPR compliance, the organization needs to map their information flows and online data to assess their privacy risk. Also, 61% of the organization said in term of security they implemented some of the basic controls to address data security. But only 29% respondents said they compliant with GDPR, further 50% of respondents said they had procedures in place to notify their supervisory authority and any individuals should a breach occur.
Alan Calder, founder and executive chairman of IT Governance, said in one of his press releases, “After six months and more it looks discouraging that so many EU organizations understanding the GDPR and its applicability into the businesses of there but they are failing to comply.” He also said that the May 25 the deadline for GDPR should have been the wake-up call, but it is not too late for any organization to begin compliance journey.
At VulnOS, we help all the small to the medium-sized organization to save time and money with their GDPR – General Data Protection Regulation compliance process. Our experts connect your current technology setup, guiding you step by step and help you in mapping your data sources for the GDPR compliance process. Many organizations do not have enough funding to invest in a dedicated legal team to provide evidence of their compliance, and to meet many other GDPR compliance requirements here our experts help you and guide you through the whole process. For any query contact us.