Survey: 40 Percent of US, EU Companies Not Ready for GDPR

About 40 percent of American and European companies don’t expect to be in compliance with the EU’s general data protection regulation when it takes effect May 25, said a survey released Friday. McDermott Will hired the Ponemon Institute to survey 1,003 individuals (582 American and 421 European) from a variety of industries: IT, IT security, compliance, legal, data protection and privacy. Fifty-two percent of companies expect to be GDPR-compliant on or before May 25, and 8 percent were unsure.