One Year Out: 75% of Organizations Will Struggle to Meet EU GDPR Regulations by Deadline, Survey Fin

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Today, we have released the findings from an independent survey probing attitudes towards the EU General Data Protection Regulations (EU GDPR), due to come into effect one year from today.  The survey, which polled 500 IT decision makers in the UK, Germany, France and the U.S., reveals that 75% of organizations indicate they will struggle to be ready for the deadline.  An additional 42% say that it’s not a priority for their businesses, despite the threat of fines which could cost companies up to 4% of global turnover or €20 million (whichever is greater).

Here’s an infographic highlighting the key findings and the top 3 listed challenges:

Read the full survey here.

Varonis helps organizations meet these requirements and builds a framework for GDPR compliance.

  • Identify where personal data is located (NAS, SharePoint, Cloud, etc.) and meet accountability obligations of personal data.
  • Monitor and audit data access and permission changes, and keep records of data processing activities.
  • Delete global accesses and overexposed data, making sure that personal data and sensitive information is kept on a need to know access basis.
  • Apply a least privilege model, ensuring a level of security and protection for personal data by design and by default.
  • Limit data retention and comply with Right to erasure and “to be forgotten”: establish data retention procedures and systems so that data is never stored longer than necessary.

Are you prepared for GDPR?

Click here to get your own (free) risk assessment.

 

The independent survey on attitudes towards GDPR was commissioned by Varonis and carried out by Vanson Bourne. Respondents were 500 IT decision makers of organizations with 1,000+ employees comprised of 100 respondents each in the United Kingdom, France and Germany and 200 in the United States.  The survey was conducted between 17th April and 9th May 2017.

The post One Year Out: 75% of Organizations Will Struggle to Meet EU GDPR Regulations by Deadline, Survey Finds appeared first on Varonis Blog.

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About Varonis
Varonis is a pioneer in data security and analytics, fighting a different battle than conventional cybersecurity companies. Varonis focuses on protecting enterprise data on premises and in the cloud: sensitive files and emails; confidential customer, patient and employee data; financial records; strategic and product plans; and other intellectual property. The Varonis Data Security Platform detects insider threats and cyberattacks by analyzing data, account activity and user behavior; prevents and limits disaster by locking down sensitive and stale data; and efficiently sustains a secure state with automation. With a focus on data security, Varonis serves a variety of use cases including governance, compliance, classification, and threat analytics. Varonis started operations in 2005 and, as of December 31, 2017, had approximately 6,250 customers worldwide — comprised of industry leaders in many sectors including technology, consumer, retail, financial services, healthcare, manufacturing, energy, media, and education.
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