REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Apr. 27, 2017--
Inc. (NASDAQ:IMPV), committed to protecting business-critical data
and applications in the cloud and on-premises, today announced the
results of a survey on the current state of company preparedness for the European
General Data Protection Regulation (GDPR). The survey of 170
security professionals was taken at RSA 2017, the world’s largest
GDPR protects the privacy of European citizens and applies to all
businesses that hold and process personal data collected in the European
Union, regardless of their industry or location. It becomes effective on
May 25, 2018. Organizations are focusing on GDPR compliance because
fines for certain violations may be up to the greater of €20 million or
four percent of total worldwide annual turnover. Companies with
significant revenue could face billions of dollars in fines.
According to the survey, 51 percent of respondents said GDPR would
impact their companies, nearly a third of the respondents didn’t see the
GDPR regulations impacting them, while 11 percent were unsure if GDPR
would impact their companies and 5 percent were not familiar with GDPR.
The survey also showed an overall lack of urgency among the IT
professionals surveyed with 43 percent of respondents indicating that
they are evaluating or implementing change in preparation for GDPR, 29
percent indicating that they were not preparing, and another 28 percent
signifying that they were unaware of specific preparations.
“U.S. companies should be evaluating the impact GDPR will have on their
data practices, given the major fines for non-compliance,” said Terry
Ray, chief product strategist at Imperva.
“Companies need to begin the GDPR legwork now by documenting how
personal data is collected and processed in their organizations. From
what we’ve seen in working with our clients on GDPR readiness, the
projects are complex and involve multiple teams, technologies and
In asking survey respondents about who is driving GDPR compliance in
their organization, 49 percent of survey respondents cited their
organization’s legal department, while 8 percent said the IT department
is managing the process.
Imperva provides data discovery and classification tools, user access
masking, data breach detection, data transfer controls and other
data compliance solutions that can assist organizations in their GDPR
compliance efforts. To learn how Imperva helps organizations prepare for
GDPR, visit http://bit.ly/2ouojYO.
Conducted Feb. 13-17, at RSA Conference 2017, the trade show with the
largest concentration of security professionals, the in-person survey is
based on responses from 170 attendees including IT professionals,
managers and executives from the U.S. (77 percent), EMEA (13 percent)
and other regions (11 percent). To view the full survey results, visit bit.ly/2p5kYkS.
(NASDAQ: IMPV) is a leading provider of cyber security solutions that
protect business-critical data and applications. The company’s SecureSphere,
and Camouflage product lines enable organizations to discover assets and
risks, protect information wherever it lives – in the cloud and
on-premises – and comply with regulations. The Imperva
Defense Center, a research team comprised of some of the world’s
leading experts in data and application security, continually enhances
Imperva products with up-to-the-minute threat intelligence, and
publishes reports that provide insight and guidance on the latest
threats and how to mitigate them. Imperva is headquartered in Redwood
Shores, California. Learn more: www.imperva.com,
© 2017 Imperva, Inc. All rights reserved. Imperva, the Imperva logo,
CounterBreach, Incapsula, SecureSphere, ThreatRadar and Camouflage and
design are trademarks of Imperva, Inc. and its subsidiaries.
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Source: Imperva, Inc.