Boards Push Security, Rush to GDPR Compliance
June 06, 2018 / Kacy Zurkus
IT leaders are prioritizing improvements in cybersecurity at a growing rate in an effort to fight cybercrime threats and become GDPR compliant, reports the Harvey Nash/KPMG CIO Survey 2018. More than one-third of organizations surveyed in April reported that they did not expect to be compliant by the recent GDPR deadline, though 68% report that they have the support needed from their boards to ramp up investments to bring them into compliance. “The seemingly inevitability of a cyberattack crosses all borders and has now crossed firmly over the threshold for board-level discussions,” Akhilesh Tuteja, global cyber security services co-leader, KPMG International, said in a press release. “Protecting the business from a cyber attack has jumped further up the boardroom agenda than any other item and IT leaders are being encouraged to make their defenses the best that they can be,” Tuteja said. David Ferbrache OBE, chief technology officer in KPMG's cybersecurity practice, said that data privacy and cybersecurity are closely intertwined. "With the introduction of the GDPR, privacy has become very much a front line issue. It was no surprise to see that 38% of survey respondents said they would ‘still be on the journey’ at the GDPR start date and only 15% said their compliance programme would be ‘complete’. "