Today: March 20, 2018, 10:10 pm

New EMEA Survey on GDPR from DocsCorp Finds Financial Penalties and Changes to Internal Processes Are the Two Biggest Concerns for European Businesses 2017-11-14 10:04:01

New EMEA Survey on GDPR from DocsCorp Finds Financial Penalties and Changes to Internal Processes Are the Two Biggest Concerns for European Businesses

DocsCorp Media
Melody Easton, +44 (0) 7979 795 296
Marketing Director

DocsCorp today released the results of its most recent survey: ‘The Current State of GDPR Readiness’. Respondents were asked a series of questions designed to qualify how prepared their organisations were for the upcoming changes to data handling under the General Data Protection Regulation (GDPR), which comes into effect in May 2018. The results from the survey show that respondents are most concerned about the financial penalties associated with a failure to comply and changes to internal processes and structures.

Top concerns around GDPR for European businesses

When asked for their top concern around GDPR a significant 43% of respondents cited the financial penalties incurred when an organisation does not comply with the regulations. Under GDPR, fines can be as much as 4% of global revenue or 20 million Euros, whichever is larger.

Equally as concerning for respondents were changes to internal processes and structure they would need to make under GDPR, with 43% naming this their top concern. GDPR will likely cause major changes to internal procedures as regulations around data handling and storage become much tighter. For example, businesses will need to show how they obtained personal data and provide a business reason for holding it.

The remaining 14% of respondents said client or personal data leaks – which themselves carry a risk of fines or reputational damages – was their top concern, while zero respondents chose increased costs associated with data storage or responding to Data Subject Access Requests (DSARs).

For more information on GDPR and the relevant DocsCorp software solutions, visit Download a report of the full survey findings here.

About DocsCorp
DocsCorp designs easy-to-use software and services for document professionals who use enterprise content management systems. We provide solutions for metadata removal, document processing, PDF manipulation, and document comparison. DocsCorp is a global brand with customers located in the Americas, Europe, Asia Pacific and beyond. Find out more at or follow us on LinkedIn, Twitter, Facebook, and Blog.

Press Information

Published by
Hossam Abdel-Kader
+43 1 9582319

# 660 Words
Related Articles
More From The Author
Sequa Petroleum N.V. Bonds Update
14/11/2017 Sequa Petroleum N.V. Bonds Update   Further to its press releases of 14 November 2016, 17 March and 15 May [..]
Marston’s, InMoment Present at Major London CX [..]
This week at Forrester’s CX Europe 2017, InMoment : Marston’s—a FTSE 250 listed company—is the UK’s leading independent pub [..]
BW Offshore: Investment by ICBCL in BW [..]
  With reference to stock exchange release dated 7 April 2017.   BW Offshore Limited (BWO) has today closed an [..]
Malmo, Sweden, November 14, 2017 - Hoylu, a leading enterprise collaboration company announced today that BOND Brothers, Inc. [..]
Kesko's comparable sales grew in October
KESKO PRESS RELEASE 14.11.2017 AT 09.00 1(2)   Kesko's comparable sales grew in October   Kesko Group's sales totalled [..]
More From Business
AutoCam360TM a new brand of automated e-commerce [..]
Press Release From Kessler, the industry leader in motion control for film and photography comes AutoCam360TM a new brand of [..]
Russian Standard Bank is to provide high-level [..]
Moscow and Tokyo, Mar 19, 2018 - (ACN Newswire) - Russian Standard Bank and JCB International Co., Ltd., the international [..]
Now Get Solar Electric Night Light at [..]
Energy costs have been on the rise for a good few years now, and as individuals, we tend to lean [..]
Get the Outdoors Winter Ready with Timber [..]
Patioland can design timber decks that can be enjoyed throughout the year. With winter just around the corner Patioland can [..]
Yestock Secures Investments from Didi Chuxing
Strengthens Cooperation; Expands Car-Hailing-Oriented Rental Market Shenzhen, Hong Kong, Mar 19, 2018 - (ACN Newswire) - Yestock [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.