Companies´ readiness of GDPR and implementation barriers

Adam Faifr () and Martin Januska ()
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Adam Faifr: Faculty of Economics, University of West Bohemia
Martin Januska: Faculty of Economics, University of West Bohemia

No 6710209, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: This paper deals with the topic of General Data Protection Regulation and its consequences for companies. Regulation defines new requirements that companies must meet by May 2018. These requirements changed the previous view on the management of personal data in organizations where some normative requirements became legally enforceable requirements. The circumstances of the adoption and requirements coming from new legislation are described as first while there is also outlined the relation with contemporal business administration approach and data protection management. On this basis, the readiness of businesses is evaluated by triangulation of more available studies and the main factors influencing the preparedness are also identified and analyzed.The final part is devoted to the process of GDPR implementation, consisting of carrying out the whole Data Protection Impact Assesment, as well as the mapping of data in organization.

Keywords: GDPR; data protection; DPIA; information management; risk analysis; compliance (search for similar items in EconPapers)
JEL-codes: D80 G32 M15 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2018-10
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Published in Proceedings of the Proceedings of the 41st International Academic Conference, Venice, Oct 2018, pages 31-49

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Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:6710209

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