UK firms trail US and EU rivals in GDPR preparations
New evidence has emerged that UK companies are lagging way behind their counterparts in both the US and mainland Europe when it comes to getting in shape for GDPR.
Research from Compuware reveals that 66% of US respondents with European customer data said they have a detailed and far-reaching plan in place for when GDPR comes into effect. In the UK, just 19% of organisations have comprehensive plans in place.
Two-thirds of European organisations say that they are prepared for the GDPR and the impact it will have on how they handle customer data.
Of the 94% of US organisations that handle European customer data, 88% claim to be well briefed on the GDPR and its impact on the way they handle that data.
However, it is not all plain sailing, with 75% of business saying that IT complexity makes it difficult to know where customer data resides at any one time, while 31% can not guarantee they would be able to find all of a customer's data if required.
To achieve GDPR compliance, 56% of all respondents said that data complexity and ensuring data quality are the two biggest hurdles they will need to overcome.
Compuware technical director EMEA Dr Elizabeth Maxwell said:“Businesses are clearly heading in the right direction on GDPR compliance, but there is still a long way to go in a very short timeframe.
“UK businesses may be behind due to initial uncertainty over the impact of Brexit. But any organisation doing business in Europe will need to fall into line by the May 2018 deadline. Failure to comply could lead to devastating consequences should a data breach occur, something all too common given the growth of cyber-crime and insider threats.”
to be GDPR compliant.
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