Indian Companies Lagging on GDPR Compliance: EY

Indian Companies Lagging on GDPR Compliance: EY

Advisory firm EY said this week that as much as 63% of Indian companies are still lagging on their compliance to the EU’s new data protection rules.

The figure was established after the firm’s survey last April-June which covered 80 companies, including 11% of companies with revenue of over Rs 10,000 crore, 4% with Rs 5,000-10,000 crore, 16% with Rs 1,000-5,000 crore range, 22% between Rs 500-1,000 crore, and 47% having less than Rs 500 crore income.

76% of the companies said that they recognize the need to comply with their own information governance policies as the leading factor in their GDPR compliance. However, 60% said that the inadequacy of skilled talent presented a major obstacle to their compliance.

Source: Economic Times India

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