The research findings from The Veritas 2017 GDPR Report, which surveyed more than 900 senior business decision makers in 2017 across Europe, the U.S. and Asia Pacific, found that 86 percent of organizations worldwide are concerned that a failure to adhere to the upcoming General Data Protection Regulation (GDPR) could have a major negative impact on their business.
Nearly 20 percent said they fear that non-compliance could put them out of business. This is in the face of potential fines for non-compliance as high as $21 million or four percent of annual turnover – whichever is greater.
With just under a year before the GDPR regulation comes into force, May 25, 2018, the time to get GDPR-ready is now. Read this report to see what everyone is talking about.
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