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The findings of Cisco’s 2019 Data Privacy Benchmark Study(PDF) imply that GDPR compliance has major security and other benefits for companies. Only a small majority (59%) of organizations in the study indicated that they were compliant, while 29% were set to achieve compliance within a year.
Compliant organizations were less likely to have experienced a data breach in the past year than companies that were still on the road to compliance, and especially compared to those that were still far from compliant (74% vs 80% vs 89%). In addition, the average number of files compromised in a breach was almost three times lower for compliant companies than for those not yet in compliance (79,000 vs 212,000).
Read more: GDPR Compliance Brings Other Benefits: Cisco Study