There is exactly one month remaining before GDPR, the European Union’s new data protection legislation, comes into effect.
The Financial Times reports that numerous businesses may be unprepared for the impact of the laws.
The consultancy EY found in a survey of over 1,000 European business that approximately 40% did not know GDPR’s requirements “even fairly well”.
The Information Commissioner’s Office in the UK has a guide that takes executives through 12 steps to compliance.
These include general awareness, child data protection, updated privacy policies and an information audit.
For companies which are starting late, the priorities should be having the capacity to respond to subject access requests and security breaches.
The FT says that regulators are likely to look kindly on businesses which have a clear plan in place to become compliant, even after the deadline.
The laws come at a similar time to US FOSTA and SESTA legislation, which may make companies liable for illegal activity carried out on their platforms.
The combination of the two will see US-based global dating sites dealt a far weaker hand in content moderation law and data protection simultaneously.
Read more here.