Most organisations unprepared for GDPR, survey finds

Despite the vast majority of businesses agreeing that GDPR affects them, only 5% say they are fully prepared for it, according to a BSI survey. Only 5% of businesses feel ready for the arrival of the General Data Protection Regulation (GDPR), research suggests, despite the data protection reforms coming into force in less than 30 days. The British Standards Institution (BSI) surveyed 1,800 firms and while 97% agreed the regulation would affect them, only 5% were fully prepared and 33% were halfway to complying. The law, which the EU Parliament approved on 14 April 2016, will ensure better transparency and privacy over consumer data. The Information Commission’s Office (ICO) could impose fines of €20m or 4% of annual turnover to non-compliers.