45 Days to Go: 76% of U.S. Organizations Are Concerned About Meeting the GDPR Deadline
Only half of
According to the report:
-
40% of
U.S. businesses and 35% of global businesses think that GDPR could threaten their existence due to financial penalties, while 52% ofU.S. businesses and 50% of global businesses think that it could lead to reputational damage. -
Only 52% of
U.S. businesses and 39% of global businesses are confident that they know where their data is stored. -
63% of
U.S. businesses continue to invest in private cloud services and ensure compliance with data protection.
"The survey responses are surprising, given that the key capabilities
required for ensuring data privacy and complying with the GDPR are also
essential for increasing business efficiency and competitiveness," said
In light of frequent high-profile data breaches, a GDPR-compliant data privacy program will also establish trust among customers and partners. Companies that embrace GDPR compliance can create a clear competitive differentiation in the marketplace.
"Companies that control their data control their destiny, so it is
surprising to see that despite the risk-reduction and operational
benefits of GDPR compliance, so many businesses are still struggling to
meet the deadline," said
Annual
The NetApp GDPR survey was conducted across a database of 1,100 C-suite
and IT managers responsible for IT buying decisions in the
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ng-uspr@netapp.com
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