Non-compliance ramifications for GDPR will be crippling. Fines could reach €20million, or four per cent of a company’s total global revenue, whichever is higher, and these harsh measures have prompted a wave of hysteria around meeting regulations before the May 2018 deadline.
However, high-profile hacks are highlighting lax security measures in UK businesses, yet research suggests that many organisations are still in the dark about how to safeguard themselves. According to a study by Advanced, one quarter of business are still unsure if they will be ready in time for the regulation.