Much has been said about the GDPR in 2018. The new regulation came into force in May last year and thousands of news related to the law came out. A year and a half after its arrival, few people talk about this legislation that promised to drastically change the way companies relate to their customers and business partners. We are currently experiencing a “non-reaction” phase to the GDPR, which could compromise data security and could result in huge fines for non-compliant. We will understand in this article what is the state of play regarding the General Data Protection Regulation!
Due to this legislation, people are more aware of their rights. On the other hand, companies are also more concerned about the need to keep information confidential. These two factors actually make for greater protection of sensitive data. While there is still a long way to go when it comes to safety, the balance is noticeably positive.
The main obstacle to the correct application of the legislation is above all the Portuguese business culture, which generally only takes into account the short term vision, with the lowest possible costs. Since it is necessary to invest in more efficient security systems, we can say that there are many companies that have left this issue to the bottom of their priority list. In the long run, this lack of security investment could have detrimental effects on businesses, causing reputational damage and financial damage.
There is currently increased awareness of data protection but there is still a serious lack of serious planning in this sector. Companies are changing small routines to make data safer, but few companies create and implement a global implementation strategy. This creates sensitive and vulnerable points in data access, compromising the privacy of private information.
A new study by Check Point tells us that the existence of GDPR has had a very positive effect on business processes in Europe. This study received responses from 1000 CTos, CIOs, IT managers and Security managers from France, Germany, Italy, Spain and the United Kingdom and reveals that 75% of organizations believe that GDPR had a beneficial impact on consumer confidence and 73% of respondents say they have improved the security of their data.