Episode 94: 63% organizations still not GDPR compliant

Consultancy firm EY conducted a survey across 77 C-suite leaders in India over April-May this year to understand their state of GDPR readiness and compliance. While 74% firms were aware of GDPR and its impact on them, 63% respondents who were aware of its requirements and impact said that they are non-compliant as on date. Of the 31% organizations which believe that they are compliant, IT/ITeS organizations have taken a lead with 65% belonging to this sector.

Key findings :-

• 76%: Still to comply with the organization’s own information governance policy

• 45%: Feel urgency to comply with GDPR

• 28%: Feel urgency to meet internal information security/audit requirements

• 24%: Need to ensure effective vendor risk management

• 85%: Have increased privacy budget and will hike it further in 2018

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