The European Union General Data Protection Regulation (GDPR) is approved and will significantly alter the EU data protection landscape. Are you ready for it? We want to know!
What Does the GDPR Mean for Your Organization?
Along with enhanced rights for individuals, stricter data processing conditions, and new data security breach notification obligations, the GDPR will require significant changes to organizations’ privacy programs in order to ensure compliance. In addition, the GDPR will impose possible fines of up to four percent of annual worldwide revenue, and grant European privacy regulators enhanced enforcement powers.
This will increase the risks of non-compliance and overall privacy and security risks for enterprises. Given the pervasiveness of business activities depending on personal data processing and the steady digitalization of society, data privacy compliance is expected to become a key priority for all organizations.
Join Our Global GDPR Readiness Survey
The survey focuses on the key areas of GDPR, such as:
- Age of consent for children
- Legitimate interest
- Data portability
- Privacy impact assessments
- Privacy by design
- Data protection officers
- Data breach reporting
- Onwards transfer of data
The results, which will be kept anonymous, will be analyzed and used to publish an extensive overview on GDPR readiness broken down by factors such as industry vertical, revenue size, and regions so companies can compare their level of preparedness against their peers. This will ultimately help them determine the best path forward and provide insight into the right resources and budgetary allocation to meet their compliance goals.
We will also include recommendations for preparing for the immediate impact of the regulation, including compliance best practices from industry experts. This benchmark should provide insight not only for Chief Privacy and Data Protection Officers who are looking to ramp up their privacy programs, but also for Chief Information Officers, Chief Information Security Officers, Business Leaders, and all Executive Leadership within organizations that will be subject to the GDPR. It will help them understand the task that ahead as well as key areas of investment as they bring their organizations forward to comply with the regulation.
The first report is expected to be ready June 2016, and we plan to repeat the survey annually to track progress.
If you are interested in participating, take the survey.