Yet another study has come out showing that firms are lagging in GDPR compliance.
The Capgemini Research Institute reports that only 28% of European firms have achieved full adherence with the law that took effect in May 2018.
U.S. firms are closest — 35% were compliant as of June of this year.
Here is how several other countries stack up:
According to Help Net Security, the challenges include:
However, compliant firms say they are enjoying improved customer trust, brand image and employee morale. In addition, they have benefitted from improvements in their IT systems and cybersecurity practices.
A study last year found that 78% of companies said they would be ready by the date of GDPR implementation.
However, a recent study by Egress Software Technologies Ltd. and OnePoll found that while 96% of UK firms have invested in processes for handling GDPR and data, only 48% are in full compliance.
Moreover, 35% are now less interested in GDPR, compared with 27% that took it seriously at the outset.