The General Data Protection Regulation (GDPR) represents a significant shift in privacy requirements governing how financial services institutions and other organizations manage and protect personal data. Failure to comply could mean significant regulatory enforcement actions, reputational damage, and a loss of customer trust.
According to Forrester, “One in three firms believes they are GDPR-compliant today — but they may not be.”
Read what Forrester Research has learned about GDPR readiness across various industries and geographies, including:
- A data driven view of readiness as evaluated by security decision makers around the globe.
- Why a holistic approach is necessary to deliver meaningful compliance.
- The head start many financial services institutions may have because they have already established strong internal compliance and data protection teams.
Read on to see how your organization compares to your peers as the May 25, 2018 enforcement deadline fast approaches.