IBM Study: Majority of Businesses View GDPR as Opportunity to Improve Data Privacy and Security

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ARMONK, N.Y., May 16, 2018 /PRNewswire/ -- A new study from IBM (NYSE: IBM ) reveals that nearly 60 percent of organizations surveyed are embracing the General Data Protection Regulation (GDPR) as an opportunity to improve privacy, security, data management or as catalyst for new business models, rather than simply a compliance issue or impediment.These factors together have created a perfect storm for companies to rethink their approach to data responsibility and begin to restore the trust needed in todays data-driven economy.While challenges remain, a significant sub-set of companies surveyed (22 percent) are using GDPR as a fully transformational business opportunity for how they approach data responsibility and management.To download the Institute for Business Value report, "The end of the beginning: Unleashing the Transformational Power of GDPR" visit: http://ibm.biz/powerofGDPR .IBM does not provide legal, accounting or auditing advice or represent or warrant that its services or products will ensure that clients are in compliance with any law or regulation.

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