Just days before the General Data Protection Regulation (GDPR) enters into its enforcement stage, IBM has released an interesting report called The End of the Beginning, which documents the results of its survey of 1,500 business executives across various industries in 34 countries concerning the EU’s groundbreaking Regulation. The survey was conducted in February and April 2018 and demonstrates that the GDPR already is having a positive impact in terms of information governance, privacy, and data security practices in many companies. But perhaps most importantly, the survey indicates that a majority of executives view the GDPR as a catalyst for important changes within their organizations, rather than a mere compliance issue, reflecting a maturation in the approach companies are taking to privacy and security issues.
The EU’s General Data Protection Regulation goes into effect on May 25, 2018. Check out this article in LegalTech News for a pragmatic look at how the GDPR would have applied to the Equifax breach.