Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Technology > CYBERSECURITY SURVEY REVEALS SIGNIFICANT GDPR READINESS GAP

CYBERSECURITY SURVEY REVEALS SIGNIFICANT GDPR READINESS GAP

Published by Gbaf News

Posted on December 10, 2017

5 min read

Last updated: January 21, 2026

Textile staples market growth projection and analysis report - Global Banking & Finance Review — Infographic illustrating the textile staples market valued at US$ 150 billion in 2021, projected to grow at 4.9% CAGR through 2027, highlighting key industry trends and insights.

Despite progress, 60% of EU and 50% of U.S. cybersecurity professionals worry about compliance by the May deadline

Varonis Systems, Inc. (NASDAQ:VRNS), a leading provider of software solutions that protect data from insider threats and cyberattacks, released findings from an independent survey exploring readiness and attitudes toward the upcoming EU General Data Protection Regulation (GDPR) implementation deadline. The survey, which polled 500 cybersecurity professionals in the UK, Germany, France and U.S., highlights GDPR readiness shortcomings, with more than half (57%) of professionals concerned about compliance with the standard.

With just a few months before the May 25, 2018 deadline, 60% of respondents in the EU and 50% of respondents in the U.S. say they face some serious challenges in being GDPR compliant. Among other notable findings:

38% of respondents report that their organisations do not view compliance with GDPR by the deadline as a priority.
74% believe that adhering to the GDPR will give them a competitive advantage over other organisations in their sector.
For UK respondents, 58% think that implementing data protection by design poses the greatest challenge in meeting the GDPR, followed by the right to erasure/”to be forgotten.”

“It’s encouraging to see progress made surrounding the GDPR, and yet it’s deeply concerning that more than half of the organisations surveyed continue to face compliance challenges,” said Varonis CMO David Gibson. “The GDPR represents a significant change in the way data must be handled. It’s alarming that so many respondents simply aren’t worried, especially given that many organisations are not tackling the biggest problems and best practices around data collection, management and protection. Ignorance is not bliss when it comes to the GDPR, and organisations that have fallen behind in their preparations must ramp up their compliance activities or they could take a serious financial hit once the regulations take effect.”

Other interesting findings include:

One in four U.S. respondents believe their firms need not comply with GDPR.
36% of respondents in the UK, 35% in Germany and 42% in France report being in compliance.
In the UK, 51% of respondents say their organisation is more than 50% complete in their compliance process.

The independent survey on top concerns, approaches and experiences of cybersecurity professionals regarding the GDPR was commissioned by Varonis and carried out by Survey Sampling International. Respondents were 500 cybersecurity professionals from organisations with 1,000+ employees from the United Kingdom, France, Germany and the United States. The survey was conducted by SSI from September 28 – October 6, 2017.

Despite progress, 60% of EU and 50% of U.S. cybersecurity professionals worry about compliance by the May deadline

Varonis Systems, Inc. (NASDAQ:VRNS), a leading provider of software solutions that protect data from insider threats and cyberattacks, released findings from an independent survey exploring readiness and attitudes toward the upcoming EU General Data Protection Regulation (GDPR) implementation deadline. The survey, which polled 500 cybersecurity professionals in the UK, Germany, France and U.S., highlights GDPR readiness shortcomings, with more than half (57%) of professionals concerned about compliance with the standard.

With just a few months before the May 25, 2018 deadline, 60% of respondents in the EU and 50% of respondents in the U.S. say they face some serious challenges in being GDPR compliant. Among other notable findings:

38% of respondents report that their organisations do not view compliance with GDPR by the deadline as a priority.
74% believe that adhering to the GDPR will give them a competitive advantage over other organisations in their sector.
For UK respondents, 58% think that implementing data protection by design poses the greatest challenge in meeting the GDPR, followed by the right to erasure/”to be forgotten.”

“It’s encouraging to see progress made surrounding the GDPR, and yet it’s deeply concerning that more than half of the organisations surveyed continue to face compliance challenges,” said Varonis CMO David Gibson. “The GDPR represents a significant change in the way data must be handled. It’s alarming that so many respondents simply aren’t worried, especially given that many organisations are not tackling the biggest problems and best practices around data collection, management and protection. Ignorance is not bliss when it comes to the GDPR, and organisations that have fallen behind in their preparations must ramp up their compliance activities or they could take a serious financial hit once the regulations take effect.”

Other interesting findings include:

One in four U.S. respondents believe their firms need not comply with GDPR.
36% of respondents in the UK, 35% in Germany and 42% in France report being in compliance.
In the UK, 51% of respondents say their organisation is more than 50% complete in their compliance process.

The independent survey on top concerns, approaches and experiences of cybersecurity professionals regarding the GDPR was commissioned by Varonis and carried out by Survey Sampling International. Respondents were 500 cybersecurity professionals from organisations with 1,000+ employees from the United Kingdom, France, Germany and the United States. The survey was conducted by SSI from September 28 – October 6, 2017.