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June-August 2017

Many companies lack GDPR plan, PwC data shows

Organisations are failing to address the most important risks because they do not have a structured approach to complying with the EU’s General Data Protection Regulation (GDPR). This is the perspective of multidisciplinary practice PricewaterhouseCoopers (PwC), which has global insight into how organisations are preparing for the GDPR. “The overriding impression is that entities are tackling the GDPR without vision for their desired end state,” said Stewart Room, global head of cyber security and data protection legal services and UK data protection practice lead at PwC. “The concepts of vision, strategy and structure are part of classical approaches to business transformation, where you develop a vision for your desired end state, then you can put in place a strategy to deliver that vision and the structures through which this will occur, which are around people, processes and technology,” Room told a Westminster eForum event in London. Ideally, he said, an organisation’s vision should take into account its economic goals for ...

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