European companies are shockingly unprepared for for the planned EU General Data Protection Regulation (GDPR), with many not even aware of it.
The regulation is due to come into effect in late 2014/early 2015 and is designed to unify and simplify data protection across 28 countries within the European Union (EU). The GDPR includes a strict data protection compliance regime with severe penalties of up to 100M EUR or up to five percent of worldwide turnover for organisations in breach of its rules.
A survey conducted by IT software firm Ipswitch into companies’ readiness for GDPR revealed that more than half (56 percent) of respondents could not accurately identify what ‘GDPR’ means. More than half
A further 64 percent of respondents also conceded they had no idea when this regulation is due to come into effect. Only 14 percent of respondents could correctly identify that the GDPR is due to come into effect in late 2014/early 2015.
Despite the lack of awareness of regulatory change, when asked about priorities for 2015, only 13 percent said they planned to spend more time understanding and preparing for regulation. A quarter (26%) said they wanted to spend more time reviewing and tightening security policies and a further quarter (26%) said they wanted to be able to spend less time on manual reporting and auditing.
In addition to testing the readiness of IT professionals, the survey also revealed that very little thought has been given to whether an organisation’s Cloud Service Provider (CSP) is ready for the change. Although 79 percent of those surveyed retained the services of a CSP, only six percent of them said that they had thought to ask them whether they were ready for the GDPR.
Overall, German IT professionals proved to have most awareness of GDPR, with almost half (49%) correctly identifying that GDPR stood for the General Data Protection Regulation. Only a quarter (26%) of the British surveyed knew, and just over a third (36%) of the French. Likewise, respondents from Germany also felt most confident in their preparedness with almost one fifth (17%) confident enough to say they felt ready for the draft Bill to be passed.
The British were highlighted as most likely to store personal sensitive data in the cloud. They were the nation most likely to be concerned about the security of nude photos stored in the cloud. Seven percent of British IT professionals confessed to having concerns about the safety of ‘images of a personal nature’, whilst only three percent of French and two percent of German IT workers said they had sleepless nights over the security of naked photos in the cloud.
Key Survey Findings from the UK
Alessandro Porro, vice president of International Sales at Ipswitch, commented, “GDPR includes an obligation to protect personal data across the borderless enterprise. IT Professionals should review and bolster their data processing policies and practices now, before the regulation comes into effect.“
The Ipswitch online survey of 316 IT Professionals was conducted in October 2014 and included 104 responses from the UK, 101 responses from France and 111 responses from Germany.
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