The General Data Protection Regulation (GDPR) has been enforced since May 2018. However, only 28% of business leaders think they are compliant with the EU’s data privacy law.
That is according to consultancy firm Capgemini’s latest survey of over 1,000 compliance, data and privacy protection professionals.
That is despite regulators have not been afraid of investigating and fining big businesses for breaching the legislation. In the UK, the Information Commissioner’s Office has already slammed British Airways with a massive £183 fine. Moreover, German regulators have opened an investigations against Google for how it may have listened in on private conversation.
As to why companies have failed to live up to the expectations of the privacy law, 38% stated that their overall IT landscape is not aligned to the rules complexity, 36% said implementing new compliancy structures required a lot of effort and one third simply said it was too costly.
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