Ipswitch, a provider of file transfer and network management software, recently polled European IT professionals from the UK, France and Germany with survey results revealing that one in three businesses do not know how the European Union´s General Data Protection Regulation (GDPR) will impact them, a concern with the May 25, 2018 deadline a year away, the company said.
Businesses sharing, transferring or storing data belonging to anybody in the EU need to be in compliance with GDPR or hefty fines can be expected — up to 20,000,000â¬ or 4 percent of annual company turnover, whichever is greater.
According to the survey, more than half recognized that GDPR will impact their business (53 percent), though 70 percent are not sure about the financial impact of GDPR. Investment in new technologies offering security is being highly considered by 55 percent of survey respondents, including encryption (50 percent), mobile device management (42 percent) and secure file sharing/transfer (30 percent) solutions.
Additionally, more than a third of respondents (37 percent) have no idea how the GDPR will impact their business or collaboration with the US
Galway, Ireland is home to Ipswitch´s EMEA Centre of Excellence which includes research and development, sales and technical support teams. The office provides technical and sales support to in-country partners and customers across Europe as well as central support for the company´s in-country teams across Germany, U.K., France, Italy and the Middle East. The centre hosts a dedicated partner and customer demonstration suite for sales which facilitates events and training.
Ipswitch IT and network management software helps them succeed by enabling secure control of business transactions, applications and infrastructure. Ipswitch software is powerful, flexible and easy to try, buy and use. The company´s software helps teams shine by delivering 24/7 performance and security across cloud, virtual and network environments.