A Computing Technology Industry Association (CompTIA) survey has revealed that only 13% of US firms are fully compliant with European Union’s General Data Protection Regulation (GDPR).

The survey states that 52% of 400 US companies surveyed are still exploring the applicability of GDPR to their business.

Todd Thibodeaux, CompTIA president and CEO says, “Only one in four respondents claim to be very familiar with GDPR. Some believe it applies primarily to companies in the EU; others, only to large multinational corporations. Alarmingly, three in ten companies believe GDPR does not go into effect until the end of 2018.

With fines that could potentially reach the greater of 20 million euros or four percent of annual revenue, companies subject to the regulations are running a huge financial risk by failing to put a GDPR plan in place”.

With Deadline One Month Out, Many US Companies Not Ready for GDPR, CompTIA Survey Reveals

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