Professional Documents
Culture Documents
Jim Koenig
Partner & Co-Chair, Privacy & Cybersecurity
Practice, Fenwick & West LLP
Dr Kai Westerwelle
Partner
Taylor Wessing (US) Inc.
Dave Deasy
SVP Marketing, TrustArc
Of those that had started - the three challenges cited most by the privacy
professionals surveyed were difficulty to maintain and update privacy programs
(57%), lack of appropriate tools and technology (56%), and lack of internal
resources (54%).
Research Overview
Conducted May 10 - 17, 2017 by Dimensional Research
Respondents US based privacy professionals from companies who are subject
to GDPR
Minimum company size = 500 employees
Respondent company headquarters: 92% US or Canada; 5% EU, 3% other
Respondents work in legal, IT, compliance and privacy functions
For 36% surveyed, privacy was their entire job
For 64% surveyed, privacy was an important part of their job (over 25%)
Note due to rounding, some totals will not sum to exactly 100%
It is becoming significantly
96% more important
Question: How is the importance of data privacy management changing at your company?
Question: How is the complexity of data privacy management changing at your company?
Question: Which of the following job functions are involved in managing data privacy compliance including GDPR at your
company?
Note Percentages do not total to 100% - table excludes functions reporting under 5% ownership (e.g.,
data governance, engineering, marketing, physical security, executive team)
TrustArc / Dimensional Research 2017
It is becoming significantly
97% larger
It is becoming smaller
Question: Consider the entire investment your company is making to manage data privacy compliance at your
company including internal and external resources, training, consultants, tools, and all other costsHow is this
investment changing?
97%
It is becoming significantly
greater
It is becoming slightly
50% 47% greater
It is not changing
It is becoming smaller
Question: How is the need for expertise or guidance to manage data privacy changing at your company?
50% state that the need for expertise or guidance to manage data
privacy is growing significantly greater
TrustArc / Dimensional Research 2017
It is becoming significantly
95% greater
51% 44%
It is not changing
It is becoming smaller
Question: How is the need for technology and tools used to manage data privacy changing at your company?
51% state that the need for technology to manage data privacy is growing
significantly greater
D. It is becoming smaller
Question: Which of the following best describes the state of your GDPR compliance?
Question: Which of the following best describes the state of your GDPR compliance?
A. We havent started
Consultants 66%
Other 1%
Question: Approximately what is your companys overall expectation for GDPR-related privacy compliance expenses in 2017
and 2018? Include all internal and external personnel, training, consulting, legal advice, technology, tools, and other costs in
your estimate.
1,000 - 5,000
15% 40% 27% 19%
Employees
Less than $100K Between $100K - $500K Between $500K - $1M More than $1M
Question: Approximately what is your companys overall expectation for GDPR-related privacy compliance expenses in 2017
and 2018? Include all internal and external personnel, training, consulting, legal advice, technology, tools, and other costs in
your estimate.
4%
A. Less than $100,000
Addressing international data transfer (Privacy Shield, APEC CBPR, BCRs, etc.) 36% 45% 19%
Question: Below is a list of tasks related to data privacy compliance. For each task please indicate the amount
of additional help you will need to accomplish these tasks in 2017.
www.trustarc.com/resources
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