Despite recent efforts to weaken it, the California Consumer Privacy Act (CCPA) is still going into effect on January 1, 2020. Alongside it, more states creating data protection regulations every day, the need for organizations to have bulletproof privacy compliance programs is becoming increasingly vital.
For over 17 years Nymity has been helping companies minimize the time to compliance with research-based software solutions. To gain perspective on how many businesses are prepared for the upcoming privacy regulations, Nymity has recently surveyed over 100 North American privacy professionals, discussing the shifting role of the privacy office in businesses and the future of privacy programs.
Among the findings:
- 47 percent said building a privacy program is their top priority
- 75 percent said it would take days to report to regulators if required
- 57 percent want to spend more time educating the business
- 68 percent spend time documenting and data mapping and they want to spend 20 percent less time on it
- 80 percent are reporting to the board on compliance at regular intervals now
- 71 percent believe privacy will become increasingly integrated, or even embedded, into business operations.