NEWS14 November 2016

Majority of companies are preparing for EU GDPR

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US – More than 90% of businesses have started preparations for GDPR compliance according to research by the International Association of Privacy Professionals (IAPP) and TRUSTe.

Lock representing data privacy

In the benchmarking study, Preparing for the GDPR: DPOs, PIAs, and Data Mapping it found that 67% of EU companies reported implementation is underway or completed compared with 42% for the US.

Just less than half ( 43%) of companies reported that they already conduct data inventory and mapping projects, and another 30% are planning to do so in the next 12 months. Almost three quarters ( 71%) of organisations are currently conducting Data Privacy Impact Assessments.

The study included a broad cross section of organisations in the US, EU, Canada, and other jurisdictions such as Asia and the Middle East. Companies of all sizes are represented, ranging from below 1,000 employees to more than 25,000 employees. Industries ranged from software and services to government offices and health care.