Eskenzi PR ad banner Eskenzi PR ad banner
  • About Us
Wednesday, 4 October, 2023
IT Security Guru
Eskenzi PR banner
  • Home
  • Features
  • Insight
  • Channel News
  • Events
    • Most Inspiring Women in Cyber 2022
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us
No Result
View All Result
  • Home
  • Features
  • Insight
  • Channel News
  • Events
    • Most Inspiring Women in Cyber 2022
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us
No Result
View All Result
IT Security Guru
No Result
View All Result

SAS survey: organisations face GDPR challenges

by The Gurus
October 4, 2017
in Editor's News
Share on FacebookShare on Twitter

The General Data Protection Regulation (GDPR) will go into effect in 2018, making organisations accountable for personal data protection including how and where data is stored and how it is processed within the organisation. However, according to a new survey from business analytics leader, SAS, less than half (45 per cent) of organisations surveyed have a structured plan in place for compliance and more than half (58 per cent) indicate that their organisations are not fully aware of the consequences of non-compliance.
 
“With the masses of information on GDPR currently in the public sphere, companies generally know what it is they have to do to prepare for the upcoming regulations,”said Mike Wake, Head of Data Management, SAS UK & Ireland. “They need to properly assess all their risks, mitigate the risks they uncover and be able to demonstrate what action they have taken to achieve this. The challenge is they often don’t know where to start because of the scale and complexity of the task. Companies cannot get the assurance needed that what they are doing is definitely the right course of action, because while the regulations set out what needs to be done they do not prescribe how you go about it. Compliance will be painful for many and individual teams don’t want to be the ones causing unnecessary delay and disruption.”
 
Highlights from the survey include:

  • Most respondents feel that GDPR will have a large impact on their organisation. However, many respondents (41 per cent) indicate that their organisations are not fully aware of this impact.
  • Only 45 per cent of organisations have a structured process in place to comply with GDPR, but of those only 66 per cent think that this process will lead to successful compliance. In fact, many admit that they do not know how to determine if they are GDPR compliant.
  • Unsurprisingly, large organisations (5,000 employees+) are better equipped to handle GDPR with 54 per cent being fully aware of the impact, compared to just 37 per cent of small organisations.
  • Only 24 percent of organisations make use of external consulting to become GDPR compliant, but those with a structured process in place use external consulting more often (34 per cent).
  • Just 26 per cent of government organisations are aware of the impact of GDPR, the lowest of any industry segment.

 
Data portability and the right to be forgotten
Under the GDPR, individuals have the right to request that their personal data be erased or ported to another organisation. This brings up questions about the tools and processes organisations need to have in place. For 48 per cent of the respondents, it’s a challenge just to find personal data within their own databases (copied data sets, CRM data, etc.). In these cases, complying with GDPR regulations will be an even more serious task.
 
Of the surveyed organisations, 58 per cent have problems managing data portability and the so-called right to be forgotten. Controlling access to personal data is also a serious challenge. Large organisations and financial institutions have more difficulty finding stored personal data than other organisations.
 
Benefits of GDPR
When asked about potential benefits of the GDPR, 71 per cent believe that their data governance will improve as a result. The survey also showed that 37 per cent of organisations think that their general IT capabilities will improve as they seek to comply, and 30 per cent agree that complying with the GDPR will improve their image. Furthermore, organisations believe that customers will reap the rewards of compliance efforts. The survey shows that 29 per cent of organisations think customer satisfaction will be higher as they work toward GDPR compliance. Another 29 per cent say their organisations’ external value propositions will improve.
 
For additional survey findings and implications of the GDPR, download the eBook onWorking toward GDPR compliance.
 
Survey Methodology
In spring 2017, SAS conducted a global GDPR survey among 340 business executives from multiple industries and geographies. Based on the results of that survey, this report highlights the biggest challenges and opportunities organisations face on the road to GDPR compliance.

FacebookTweetLinkedIn
Tags: CybersecurityTechnology
ShareTweet
Previous Post

Woefully Inadequate IT Processes for Managing User Accounts and Access Continue to Create Major Security and Compliance Risks, One Identity Survey Reveals

Next Post

Mining poised for rapid IoT adoption as it seeks to eliminate workplace hazards, new research finds

Recent News

Cybersecurity has become the fastest growing start-up sector in UK

UK SME cyber threat concerns on the rise in last 12 months as a quarter admit to being breached

October 3, 2023

The State of Cybersecurity: Cyber skills gap leaves business vulnerable to attacks, new research reveals

October 3, 2023
threat hunting

Threat Hunting with MITRE ATT&CK

October 2, 2023
Guide to ransomware and how to detect it

Guide to ransomware and how to detect it

September 28, 2023

The IT Security Guru offers a daily news digest of all the best breaking IT security news stories first thing in the morning! Rather than you having to trawl through all the news feeds to find out what’s cooking, you can quickly get everything you need from this site!

Our Address: 10 London Mews, London, W2 1HY

Follow Us

© 2015 - 2019 IT Security Guru - Website Managed by Calm Logic

  • About Us
No Result
View All Result
  • Home
  • Features
  • Insight
  • Channel News
  • Events
    • Most Inspiring Women in Cyber 2022
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us

© 2015 - 2019 IT Security Guru - Website Managed by Calm Logic

This site uses functional cookies and external scripts to improve your experience.

Privacy settings

Privacy Settings / PENDING

This site uses functional cookies and external scripts to improve your experience. Which cookies and scripts are used and how they impact your visit is specified on the left. You may change your settings at any time. Your choices will not impact your visit.

NOTE: These settings will only apply to the browser and device you are currently using.

GDPR Compliance

Powered by Cookie Information