TrustArc Blog

TrustArc GDPR Research, Part 3: Companies Are Most Compliant on Customer-Facing Issues, Such as Cookie Consent

July 19, 2018

In our July 16th blog post we reported on our survey of 600 US, UK and other EU respondents, advising that the companies cited meeting customer expectations as a more important motivation to becoming GDPR compliant than avoiding fines or lawsuits. In line with the goal of meeting customer expectations, respondents reported being most compliant with updating policies and procedures (27%) and cookie consent management (25%) and furthest behind with respect to international data transfer mechanisms (16%) and vendor risk management (13%). The overwhelming majority (87%) of respondents needed 3rd party help with their GDPR projects – the most external help needed … Continue reading TrustArc GDPR Research, Part 3: Companies Are Most Compliant on Customer-Facing Issues, Such as Cookie Consent

TrustArc GDPR Research, Part 2: Top Reason for Investing in GDPR Compliance Was Meeting Customer Expectations

July 16, 2018

In our July 12th blog post we shared the compliance status of 600 US, UK and other EU respondents. We also reported that 68% of the respondents have spent more than six figures already on GDPR compliance and that 67% expect to spend an additional six figures by the end of 2018. The research showed us that becoming GDPR compliant is an expensive endeavor. But did the 600 companies surveyed devote those large GDPR budgets due to the fear of heavy GDPR regulatory fines and litigation costs?  Key findings from the research show that not to be the case. For the US, … Continue reading TrustArc GDPR Research, Part 2: Top Reason for Investing in GDPR Compliance Was Meeting Customer Expectations

TrustArc GDPR Research: 74% of Companies Expect to be GDPR Compliant by the End of 2018

July 13, 2018

The May 25, 2018 EU General Data Protection Regulation (GDPR) compliance deadline has passed and the question on everyone’s minds is – how did we do? To help answer that question, TrustArc surveyed 600 IT and legal professionals in the U.S., UK and EU companies one month after the May 25 deadline. For all respondents, privacy represented at least 25% of their job.  The participating companies included a mix of small, mid-sized and large companies, from all major industry sectors, including technology, manufacturing, retail and financial services. In a press release announcing the release of the research report, Chris Babel, … Continue reading TrustArc GDPR Research: 74% of Companies Expect to be GDPR Compliant by the End of 2018

TrustArcConnect Partner Program Expands

June 12, 2018

The GDPR compliance deadline has passed, but the real work has just begun: managing and demonstrating compliance. These obligations have created a huge demand for privacy technology and services. The increased reliance on technology has also led to IT and Information Security teams and MSSP’s playing a larger role in managing privacy at companies of all sizes. To help meet this demand, TrustArc has expanded its global partner program, TrustArcConnect, and created a major opportunity for partners with expertise in GDPR and privacy to capitalize on the post-GDPR ‘enforcement’ era. The program expansion will help more organizations obtain access to … Continue reading TrustArcConnect Partner Program Expands

Hilary Wandall, GC and Chief Data Governance Officer at TrustArc, Talks GDPR on KTVU

May 30, 2018

Last week, TrustArc General Counsel and Chief Data Governance Officer, Hilary Wandall, spoke with KTVU’s Gasia Mikaelian to discuss the changes surrounding the GDPR which went into effect last Friday, May 25th. From inboxes being flooded with privacy policy updates to the impact to retail businesses – there was a lot to discuss. The GDPR has gained a ton of attention recently as consumers’ inboxes have been packed with emails from companies concerning their privacy policies.  While some of these emails may require an action on behalf of the consumer, Hilary noted that most of these emails are simply outlining … Continue reading Hilary Wandall, GC and Chief Data Governance Officer at TrustArc, Talks GDPR on KTVU

IAPP & TrustArc Help Companies Address GDPR Training Requirements

May 29, 2018

TrustArc will now offer the International Association of Privacy Professionals’ (IAPP) Privacy Core® GDPR Essentials training, an online e-learning solution designed to train employees on privacy fundamentals and to enable companies to meet the GDPR employee training requirement in a scalable, effective manner. Investing in training can help meet GDPR requirements, and it is a best practice too. This training course helps fulfill at least two GDPR Articles’ requirements that explicitly call out training, Article 39 and Article 47. Additionally, all staff can benefit from learning about data protection. Thus, it is no surprise that IAPP & TrustArc research found that … Continue reading IAPP & TrustArc Help Companies Address GDPR Training Requirements