It has been over a year since the European Union launched the General Data Protection Regulation (GDPR), designed to give consumers more control over how their personal information is used. As expected, it started a wave of similar legislation, including the upcoming California Consumer Privacy Act (CCPA).
According to the Capgemini Research Institute, being proactive with GDPR and other privacy compliance programs brings big benefits and a competitive advantage. Its Championing Data Protection and Privacy – a Source of Competitive Advantage in the Digital Century report highlights how companies can gain an edge if they overcome compliance challenges.
But only 28% of companies said they were compliant with GDPR today, while another 30% said they were close to compliance. Read how data protection and privacy is a mindset that needs to permeate an entire organization to be successful.
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