Post The GDPR Compliance Deadline – Are all companies now GDPR Compliant?

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Interestingly in relation to this question a surprising number of companies believe they are not compliant according to research carried  out by TrustArc and published on July 12th.

Below are some of the interesting findings they got:

  • Only 20% of those surveyed believe they are compliant.
  • In fact 27% have not yet started the implementation.
  • 53% are in the implementation phase.

When will the remaining companies be compliant?

On the question of when the companies will have finished the implementation there is evidence that not all will even be finished this year. In fact the following is the feedback with regards this.

  • 74% expect to be compliant by the end of 2018.
  • 93% by the end of 2019.

What were the Top Drivers for Companies to be GDPR Compliant & Biggest Challenge?

  • Meeting customer expectations (57%) was the main driver to become compliant, significantly higher than concern for fines (39%).
  • Complexity of GDPR posed the biggest challenge to comply.

The survey was fielded online from June 4th to 15th, 2018 to 600 IT and legal professionals with responsibility for privacy at companies required to meet GDPR compliance, split equally among the US, UK, and EU. All Key Industries were represented.

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