Fewer Than One-Third of Companies Ready for GDPR Deadline
Summary
Only 29 percent of organizations worldwide will be ready for the new global data privacy standard coming into effect May 25, according to a new survey conducted by technology association ISACA."GDPR awareness at the executive level is certainly widespread at this point, with the deadline for compliance approaching," said Neal Dittersdorf, general counsel, privacy officer and corporate secretary for recruitment software firm iCIMS."GDPR represents a significant and comprehensive change in the way companies will manage personal data, and HR plays an important role in rolling out new policies and processes to adhere to ensure compliance.Among the ISACA surveys most concerning findings is that only 39 percent of respondents said their organizations employees have been educated to a satisfactory level about their responsibilities to maintain GDPR compliance."Given the complexity, its taken most organizations considerable time to translate GDPR into actionable programs across gap analysis, risk mitigation plans, remediation across policies, processes, contracts and systems, and finally, communication," Dittersdorf said.