The global migration to cloud-based IT systems has led governments to update data privacy regulations to meet evolving data sovereignty requirements in order to protect citizen data, guard national security interests, and potentially provide a boost to local industries. However, this urgent need to protect sensitive and personally identifiable information threatens current business strategies, practices, and processes widely used by organizations that operate internationally.
A recent Ovum international survey of 366 IT decision-makers revealed that although organizations are aware that data privacy is an issue, they struggle with response methods. The survey, which was commissioned by Intra Links, showed that about 52 percent of respondents think the pending European Union (EU) General Data Protection Regulation (GDPR) will result in business fines for their company, and two-thirds expect it to force changes in their European business strategy.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
