Report: Only 34% of Websites in the EU are Ready for GDPR

It’s been nearly 2 years since the Council of the European Union, European Parliament and the European Union passed the privacy legislation known as the General Data Protection Regulation (GDPR).

Beginning on May 25th, 2018 any company that hasn’t updated their privacy policy during the two-year grace period will be in violation of the law and could face fines as much 4% of the company’s global revenue or €20 million, whichever is higher.

The new privacy policy must be transparent and tell the users what will happen with the data that is collected. It should be concise and written clearly, let the user know whether their data will be shared with a 3rd party or used for marketing purposes, explain the use of cookies and their purpose, and clearly state the rights of the individual visiting the site.

Report: Only 34% of Websites in the EU are Ready for GDPR