The document discusses the importance of preparing for EU GDPR compliance, highlighting a webinar featuring experts on data privacy and security. It presents findings from a PwC survey indicating that over half of U.S. companies view GDPR readiness as their top priority, with significant budgets allocated to compliance initiatives. Additionally, the document outlines various strategies U.S. corporations are employing to minimize GDPR exposure and the implications for their operations in Europe.

1. Do You Have a Roadmap for EU
GDPR Compliance?
David Morris,
Thought Leader
and Pioneer in
Cybersecurity
United States
Ian West,
Specialist in
GDPR, Data
Governance,
Data Privacy &
Security
United Kingdom
Ulf Mattsson,
CTO Security
Solutions
Atlantic BT,
United States
ulf.mattsson@atla
nticbt.com
Khizar A. Sheikh,
Chair, Privacy,
Cybersecurity, and
Data Law,
Mandelbaum
Salsburg
United States
ksheikh@lawfirm.ms

2. GDPR
Case Studies

3. Webcast - Aug 17
3
Title : Do You Have a Roadmap for EU GDPR Compliance?
Description : The General Data Protection Regulation (GDPR) goes into effect in 2018 and it will affect any business that handles
data, even if it's not based in the European Union.
Are you looking to move and host data for EU citizens? Do you have a roadmap and associated estimated costs for EU GDPR
compliance?
Join this webinar to learn:
• Case study and legal/regulatory impact to GDPR
• Security Metrics
• Oversight of third parties
• How to measure cybersecurity preparedness
Presenters : Ulf Mattsson, David Morris, Ian West. and Khizar Sheikh
Date & Time : Aug 17 2017 5:00 pm
Timezone : United States - New York
Webcast URL : https://www.brighttalk.com/webcast/14723/259741

4. GDPR Case Studies
Source: EU GDPR Report, Crowd Research Partners, 2017 4
1.US and Spain – customer data
2.Italy, Germany and more – financial data
3.Germany – outsourcing
4.Sweden – PII data

5. US Companies
Ramping up
GDPR
Budgets

6. PWC GDPR Survey
Source: PWC GDPR Survey, 2017
6
PwC recently conducted a pulse survey of 200 CIOs, CISOs, General Counsels, CCOs, CPOs and
CMOs from US companies with more than 500 employees. The survey asked the c-suite about
their plans for Europe’s landmark General Data Protection Regulation (GDPR). The “pulse”
revealed five surprising results.

7. Over half of US multinationals say GDPR is their top data-
protection priority
Source: PWC GDPR Survey, 2017 7
The EU reached agreement on the GDPR in December 2015, and in the last twelve months
preparing for the new law’s obligations have jumped to the top of corporate agendas.
Of the 200 respondents to PwC’s recent pulse survey on GDPR preparedness, 54 % reported
that GDPR readiness is the highest priority on their data-privacy and security agenda.
Another 38% said GDPR is one of several top priorities, while only 7% said it isn’t a top priority.

8. Information security enhancement is a top GDPR initiative
Source: PWC GDPR Survey, 2017 8
Much of the discussion about the GDPR has focused on the law’s privacy-centric requirements,
such as mandatory record keeping, the right to be forgotten and data portability.
The GDPR’s relatively generic information-security obligations, however, figure prominently in
GDPR plans of US companies.
•Among the 23% of survey respondents who haven’t started preparing for GDPR, their top
priorities are data discovery, information security enhancement, third-party risk management
and GDPR gap assessment.
•Among the 71% who have begun GDPR preparation, the most-cited initiatives in flight are
information security, privacy policies, GDPR gap assessment and data discovery.
•Among the 6% who have completed GDPR preparations, the most-cited projects are
information security, GDPR gap assessment, data discovery, and third-party risk management.
•IT re-architecture is the lowest priority for companies in all three phases.

9. 77% plan to spend $1 million or more on GDPR
Source: PWC GDPR Survey, 2017 9
Securing a $1 million budget for data privacy has been more an
exception than a rule for many American corporations.
The GDPR’s potential 4% fine of global revenues, however, has changed
budget appetites for mitigating this GDPR risk.
While 24% of respondents plan to spend under $1 million for GDPR
preparations, 68% said they will invest between $1 million and $10
million.
Nine percent (9%) expect to spend over $10 million to address GDPR
obligations.

10. Binding corporate rules are gaining popularity
Source: PWC GDPR Survey, 2017 10
The pulse survey asked executives which EU cross-border data-transfer mechanism they
planned to use for processing EU personal data outside of Europe.
After the invalidation of the Safe Harbor agreement in October 2015, most Safe Harbor
members implemented so-called model contractual clauses as a stop-gap measure.
Many observers, especially those in the legal community, thought model clauses would
become the new norm.
While 58% of respondents reported that future strategies would include model contracts, a
stunning 75% said they will pursue binding corporate rules (BCRs), while 77% plan to self-
certify to the EU-US Privacy Shield agreement.
The uncertain future of both model contracts and the Privacy Shield may drive US
multinationals to adopt two or even all three of these options to hedge their risks.

11. How US businesses are re-evaluating their presence in
Europe
Source: PWC GDPR Survey, 2017 11
US corporations that are heavily invested in Europe will probably
stay the course in the near term.
Indeed, 64% of executives reported that their top strategy for
reducing GDPR exposure is centralization of data centers in Europe.
Just over half (54%) said they plan to de-identify European personal
data to reduce exposure.
The threats of high fines and impactful injunctions, however, clearly
have many others reconsidering the importance of the European
market.
In fact, 32% of respondents plan to reduce their presence in Europe,
while 26% intend to exit the EU market altogether.

12. Outlook: Striving to keep pace with the GDPR
Source: PWC GDPR Survey, 2017 12
American multinationals that have not taken significant steps to prepare for GDPR are already
behind their peers. The typical large US corporation is currently moving through a data-
discovery and assessment phase toward a multi-million-dollar remediation initiative that
includes shoring up standard data-privacy and security capabilities in US operations. As
European regulators in 2017 further clarify how they interpret the GDPR, more American
companies are likely to re-evaluate the return-on-investment of their European initiatives.

13. GDPR
WW Impact

14. GDPR Key Findings
Source: EU GDPR Report, Crowd Research Partners, 2017 14

15. Familiarity with GDPR
Source: EU GDPR Report, Crowd Research Partners, 2017 15

16. GDPR Impact
Source: EU GDPR Report, Crowd Research Partners, 2017 16

17. GDPR Impact by Industry
Source: EU GDPR Report, Crowd Research Partners, 2017 17

18. GDPR Compliance by Region
Source: EU GDPR Report, Crowd Research Partners, 2017 18

19. GDPR Compliance by Industry
Source: EU GDPR Report, Crowd Research Partners, 2017 19

20. GDPR Preparedness
Source: EU GDPR Report, Crowd Research Partners, 2017 20

21. GDPR Organizational Ownership
Source: EU GDPR Report, Crowd Research Partners, 2017 21

22. GDPR - Challenges
Source: EU GDPR Report, Crowd Research Partners, 2017 22

23. GDPR Initiatives
Source: EU GDPR Report, Crowd Research Partners, 2017 23

24. GDPR Chapters of Concern
Source: EU GDPR Report, Crowd Research Partners, 2017 24

25. GDPR Articles of Concern
Source: EU GDPR Report, Crowd Research Partners, 2017 25

26. GDPR Impact on Security Practices
Source: EU GDPR Report, Crowd Research Partners, 2017 26

27. GDPR Impact on Security Budgets
Source: EU GDPR Report, Crowd Research Partners, 2017 27

28. GDPR
Challenges

29. GDPR Study - Demographics
Source: Ponemon Institute, 2017 29

30. GDPR – Our Sample
Source: Ponemon Institute, 2017 30

31. GDPR Most Difficult
Source: Ponemon Institute, 2017 31

32. GDPR PII Definition is more expansive
Source: Ponemon Institute, 2017 32

33. GDPR – Compliance to Breach Process
Source: Ponemon Institute, 2017 33

34. GDPR – Plan to meet GRC Requirements
Source: Ponemon Institute, 2017 34

35. GDPR IT Sec Budget
Source: Ponemon Institute, 2017 35

36. GDPR Data Governance Budgets
Source: Ponemon Institute, 2017 36

37. GDPR – Data Protection Officers
Source: Ponemon
Institute, 2017
37

38. GDPR Governance In-place
Source: Ponemon Institute, 2017 38

39. GDPR – Rights to EU Citizens?
Source: Ponemon Institute, 2017 39

40. GDPR – Do you know Which Data has Gone to 3rd
parties?
Source: Ponemon Institute, 2017 40

41. GDPR compared to PCI, HIPAA and more
Source: Ponemon Institute, 2017 41

42. Preparing for
GDPR

43. Preparing for GDPR
43

44. Preparing for GDPR: People
Source: IBM, 2017 44

45. Preparing for GDPR: Process
Source: IBM, 2017 45

46. Preparing for GDPR: Technology
Source: IBM, 2017 46

47. Preparing for GDPR Moving Forward
Source: IBM, 2017 47

48. Steps for for Securing
Data to Comply with the
GDPR

49. Does GDPR Apply?
Source: Imperva, 2017 49

50. Checklist for GDPR
Source: Imperva, 2017 50

51. Source: Imperva, 2017 51
Checklist for GDPR

52. GDPR Rules Requires Data Protection Technology
Source: Imperva, 2017 52

53. GDPR Prep Now or Pay the Price
Source: Imperva, 2017 53

54. GDPR – Plan to go The Distance
Source: Imperva, 2017 54

55. GDPR
Already a Reality

56. GDPR Already a Reality
Source: Cordery Legal Compliance, UK, 2017 56

57. GDPR – Your Plan
Source: Cordery Legal Compliance, UK, 2017 57

58. Source: Cordery Legal Compliance, UK, 2017 58
GDPR – Your Plan

59. GDPR
12 Steps to take
now
(ICO UK)

60. Preparing
for GDPR
Source: ICO – Information
Commissioner’s Office, UK,
2017
60

61. GDPR
Key Problems and
Some Solutions

62. 62
The Currency of Trust: The “Why” of GDPR
Source: Exate, 2017

63. What will
GDPR cost?
Source: Exate, 2017

64. The Challenges …
Source: Exate, 2017

65. The Problem
Source: Exate, 2017

66. What If …
Source: Exate, 2017