Executive Summary
The effective date of the European Union's General Data
Protection Regulation (GDPR), Reg. (EU) 2016/679, is fast
approaching and will affect many organizations across the globe,
even those not located in the EU. According to the market research
firm Forrester, 80 percent of the firms required to comply with the
GDPR will not meet the May 25 deadline. Moreover, of that 80
percent, Forrester estimates that 50 percent have considered the
cost and risks of non-compliance and decided it is in their best
interest not to comply. The other 50 percent will attempt to
comply, but are not expected to succeed. As the deadline nears,
firms will have questions about the GDPR and need help with
compliance. This alert is intended to inform U.S. companies about
the unusually broad scope of the GDPR.