“IAPP-EY-Gov Report, although 81 percent of respondents have confidence they will eventually reach the GDPR compliance destination, a remarkable 19 percent – nearly one in five companies – feel full compliance is impossible”. My post the other day stated GDPR is basically Impossible.
I feel 81% likely wrong & stunned 19% outright say GDPR impossible!
“44 percent of firms give themselves a score of 8 or higher on the “fully compliant” scale, 56 percent admit that they have many steps yet to take to reach the destination. A select 7 percent rated themselves between 0 and 2 on the compliance scale.
When we separate out U.S. firms, however, we see confidence levels rise considerably. Even though more EU-based respondents report taking affirmative steps toward GDPR compliance in nearly every category, more than half of the respondents from the U.S. (53 percent) gave themselves an 8 or higher score on full GDPR compliance. Among their EU counterparts, meanwhile, this number drops to 38 percent.
Is this more “cowboy bravado” from U.S. organizations? Do EU firms better understand the complexity of successfully navigating EU regulation? Have U.S. firms made compliance more of a strategic goal, as non-compliance risks losing access to the EU marketplace?” https://iapp.org/media/pdf/resource_center/IAPP-EY-Gov_Report_2018-FINAL.pdf