Privacy and the EU GDPR

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In the summer of 2017, 61% of US companies and 64% of UK companies surveyed had not yet begun implementation of their GDPR compliance programs.

The European Union’s (EU) General Data Protection Regulation (GDPR) is the most sweeping change to data protection in the past 20 years, and is now in effect. Its impact will be felt by every organization that does business in the EU, or handles personal information of EU citizens in any manner.

This research report benchmarks the status of 407 US and UK companies' efforts to meet privacy mandates in general as of the summer of 2017.

Key Takeaways:

61% of US companies and 64% of UK companies had not yet begun implementation of their GDPR compliance programs.
83% of US companies and 69% of UK companies expected their GDPR spending to exceed $100,000 dollars.
95% of US companies and 87% of UK companies said their need for technology to help manage privacy was growing.

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TrustArc is the leader in privacy compliance and data protection solutions and offers an unmatched combination of innovative technology, services and TRUSTe certification solutions. TrustArc addresses all phases of privacy program management and has been delivering innovative privacy solutions for two-decades to companies across all industries. The TrustArc platform leverages deep privacy expertise and proven methodologies, which have been continuously enhanced through thousands of customer engagements. Headquartered in San Francisco, and backed by a global team across the Americas, Europe, and Asia, TrustArc helps customers worldwide demonstrate compliance, minimize risk and build trust. For additional information visit www.trustarc.com.