Businesses Face Data Privacy Compliance Struggles

Jennifer Post

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October 2, 2023

With more U.S. states enacting comprehensive data privacy laws and the European Union launching an increasing number of GDPR investigations, data privacy compliance is a more complex and pressing challenge than ever. According to Womble Bond Dickinson’s 2023 Global Data Privacy Law Survey Report, about 50% of U.S. and U.K. organizations say they are “very prepared” to address privacy laws in both the United States and Europe, yet only 34% have conducted data mapping to understand their organization’s data practices. In addition, many U.S. companies have not yet implemented measures to comply with state laws. For example, only 42% have compared state privacy law frameworks, 41% have updated their privacy policies, and 41% have developed systems to process and respond to data privacy rights requests. U.S. organizations reported their top compliance challenges are: tracking the status of legislation (59%), lacking available staff to address compliance (42%), obtaining management approval and support to prioritize changes (30%), and lacking an appointed compliance leader (21%).

Jennifer Post is an editor at Risk Management.