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Volume 32, Issue 2

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Friday, 08 March 2019 16:24

Is Data Compliance Equal to Data Security?

Comforte AG’s Jonathan Deveaux stresses that while compliance with the GDPR is a worthy goal, adhering to the regulation doesn’t necessarily mean your organization is safe. Consider both compliance and security a journey, not a destination.

The European General Data Protection Regulation (GDPR) came into effect on May 25, 2018, ushering in a new era of data compliance regulation across the world. GDPR-like regulations have emerged in Brazil, Australia, Japan and South Korea, as well as U.S. states such as New York and California.

The GDPR was introduced to protect EU individuals’ personal information, collected by organizations, through regulation on how the data can be collected and used. Even though it is European law, the scope of the legislation effects organizations around the world.

Despite a two-year phase-in period (May 24, 2016 to May 25, 2018), many organizations around the globe remain noncompliant. A GDPR pulse survey by PwC in November 2017 revealed only 28 percent of U.S. companies had begun preparing for GDPR, and only 10 percent responded saying they were compliant.

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https://www.corporatecomplianceinsights.com/is-data-compliance-equal-to-data-security/