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10 steps to GDPR compliance: How prepared are you?
It’s not too late to comply with the GDPR (General Data Protection Regulation). The Regulation might have come into effect last year, but it’s requirements need to be regularly reviewed. As such, it doesn’t matter what your compliance posture was six months or a year ago. All that matters is where you are now. Many organisations have been delaying their implementation project until they were sure that it would be worth their time. It’s now been almost twelve months since the GDPR came into force and the results are conclusive. More than 206,000 incidents have been reported to supervisory authorities, and organisations are reaping the benefits of compliance. According to the 2019 Data Privacy Benchmark Study, organisations that have met the majority of the GDPR’s requirements were 15% less likely to be breached than organisations that were more than a year away from compliance. When a breach did occur, the damage was smaller for compliant organisations, with an average of 79,000 affected records compared to 212,000.
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