There’s less than a week to go until the one-year anniversary of the European Union’s General Data Protection Regulation, but a new report from Thomson Reuters indicates that while most global companies consider themselves knowledgeable on the GDPR, many are still struggling to comply.
The report is based on surveys that were conducted in 2017 before the GDPR came into effect and then again in December 2018 after the regulation had been in place for roughly six months. Over 1,000 data privacy professionals from Singapore, Germany, Hong Kong, France, the United States, the United Kingdom, Canada, Australia and New Zealand responded. Each worked at global companies averaging revenues of $282 million and 16,400 employees.
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