The new European General Data Protection Regulation goes into effect next May, with onerous notification requirements and high penalties, but a year might not be enough for firms to get ready.Recent surveys show that most companies are not prepared for the regulations.
According to a recent SailPoint survey, 80 percent see GDPR as a priority, but only 25 percent have an established plan. Gartner estimates that the majority of all companies affected by GDPR will still not be in compliance at the end of 2018.