In recent years, data breaches have dominated the news. From the U.S. presidential election to last summer’s Equifax cybersecurity breach, which impacted thousands of Canadians and almost 150 million Americans, it seems everyone’s personal information is under threat. This and Europe’s forthcoming General Data Protection Regulation (GDPR) will make increased concern over data protection a workplace trend in 2018.
In May 2018, the General Data Protection Act comes into force in the European Union. If you think this won’t apply to you, you may need to think again.
Large American multinationals are ramping up for the change. In a 2016 PwC GDPR preparedness pulse survey, 77% of respondents reported planning to spend $1 million dollars or more to get ready for the GDPR. However, many Canadian organizations aren’t preparing.