A new report* by independent analysts IDC**, who surveyed small and medium-sized businesses (SMB) across Europe, finds that a large proportion of companies are unprepared for the major regulatory changes headed their way thanks to the EU’s General Data Protection Regulation (GDPR). 

Key IDC findings:

• 22% of companies are not aware of the GDPR; 52% know about it but say the impact is unclear
• Of those who know about it, 20% are not prepared at all, and 59% are not fully GDPR-compliant
• 56% of companies don’t currently measure breach/attack costs
• IDC also reveals the number of (acknowledged) data breaches, and cost estimates

Despite encryption being named in the regulation itself as a tool which organizations can use to achieve compliance, penetration of this technology is low in the SMB segment. The situation is similar for multi-factor authentication, which is an effective way to harden access to sensitive data and systems.

ESET is a global top-4 endpoint security vendor with 30 years of experience. We offer proven encryption and multi-factor authentication solutions, as well as endpoint and network security technologies, tailored for businesses of all sizes. 

Get your copy of the IDC report free, courtesy of ESET, by completing the details on this page.