IT Focus Area: Security
May 24, 2017
Why the General Data Protection Regulation is an Opportunity, Not a Nuisance
The passing of a new European Union (EU) data protection framework — the General Data Protection Regulation (GDPR) — is having a tremendous impact on enterprises that collect data on Europeans. The May 25, 2018 compliance deadline, which from an IT planning and management perspective is right around the corner, has organizations in the United States scrambling. According to PwC, 77 percent of U.S. multinational companies are planning to spend $1 million or more on GDPR readiness this year, and 68 percent are earmarking between $1 million and $10 million.
Companies looking to maintain a European presence should assess their overall data protection capabilities to identify gaps and compliance risks.
Listen to the latest episode of And There You Have IT to learn:
- How businesses should respond to GDPR immediately and into the future
- Why it’s critical to implement a data centric security strategy
- How data discovery and data classification can be your most useful tools
- Why enterprises should consider GDPR — and regulations like it — an opportunity, not a nuisance