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10 Security Experts On What The Industry Doesn't Get About GDPR

CRN asked 10 identity management and data protection CEOs and technical leaders what the biggest misconceptions or biggest areas of misunderstanding are around the soon-to-be-enforced GDPR regulations.

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Regulators Aren't Looking To Levy The Top Fine For Minor Mistakes

So much fear-mongering has taken place around the maximum GDPR fine of 20 million Euros or 4 percent of annual revenue that businesses now erroneously believe that regulators are going to come in, look for any minor issue of non-compliance, and fine the company as much as they possibly can, according to Jeremy Wittkop, chief technology officer at Greenwood Village, Colo.-based InteliSecure.

But the commission overseeing GDPR has stated from the beginning that these big fines are only for companies that are willfully non-compliant, Wittkop said. People who are trying are more likely to see a much smaller fine or a more collaborative effort to become compliant, according to Wittkop.

Organizations behind on GDPR should therefore do the easy stuff now such as gathering consent on web-based forms, Wittkop said, and then identify and gaps they have in their ecosystem and built a documented plan to fix those gaps.

 
 
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