Jun 03, 2019
Kon Leong, CEO of ZL Technologies says that “the lack of significant fines under GDPR can be attributed to the fact regulators have come face to face with the complexity of implementing data privacy in large enterprises, and the reality that we are still years away from being there.”
He argued that companies have insufficient technology to meet GDPR, while “regulators do not yet understand the digital ecosystem enough to properly address fines.”
Or to put it another way, and sticking with the comment from Leong: “Regulators have barely begun to scratch the surface of the problem.”
Please visit Information Age for the full article.