DCN August 2017 - Page 7

industry news Veritas Study: Organisations worldwide mistakenly believe they are GDPR compliant BT named Leader in 2017 Magic Quadrant for managed cloud hosting A study from Veritas Technologies has found that organisations across the globe mistakenly believe they are in compliance with the upcoming General Data Protection Regulation (GDPR). According to findings from The Veritas 2017 GDPR Report, almost one-third (31 per cent) of respondents said that their enterprise already conforms to the legislation’s key requirements. However, when those same respondents were asked about specific GDPR provisions, most provided answers that show they are unlikely to be in compliance. In fact, upon closer inspection, only two per cent actually appear to be in compliance, revealing a distinct misunderstanding over regulation readiness. The findings from the report show that almost half (48 per cent) of organisations who stated they are compliant do not have full visibility over personal data loss incidents. Moreover, 61 per cent of the same group admitted that it is difficult for their organisation to identify and report a personal data breach within 72 hours of awareness – a mandatory GDPR requirement where there is a risk to da