The introduction of the GDPR has been heralded as a major improvement to privacy and how data is handled. While it only affects the data of European citizens, it is credited with having an impact on privacy around the world. Earlier this month, security ratings vendor BitSight, issued a report thanking GDPR for improving cyber security in Europe.
GDPR has shown us that no matter how long you give companies to prepare, they will always require more time. GDPR was passed as a law in May 2016. At that time, legislators in Europe decided to give organisations two years to prepare before they would start enforcing the GDPR. Judging by surveys and reports, the majority of SMEs are still unprepared as are many large companies, especially those based outside of Europe.
To understand this, Enterprise Times caught up with Jake Olcott, Vice President, Communications and Government Affairs at BitSight. Olcott talked about what BitSight has seen as a result of GDPR and what it would like to see in the future.
Do companies know enough about the data they hold?
Olcott highlighted the challenge for organisations in having to understand what data they have and how it is used. He said that one…