Whitepaper: The True Cost of Compliance with Data ...

Sponsored by GlobalscapeIndependently conducted by Ponemon Institute LLCP ublication Date: December 2017 BENCHMARK STUDY OF MULTINATIONAL ORGANIZATIONSTHE TRUE COST OF Compliance WITH data PROTECTION REGULATIONS2 CONTENTSPART 1: EXECUTIVE SUMMARY ..3 PART 2: KEY FINDINGS ..6 PART 3: SAMPLE OF PARTICIPATING ORGANIZATIONS ..19 PART 4: CONCLUSION ..21 PART 5: COST FRAMEWORK ..24 APPENDIX ..26 BENCHMARK METHODS ..263 Sponsored by Globalscape, Ponemon Institute Research Report | 3 Multinational organizations in all industries must comply with privacy and data protection laws, regulations and policies designed to protect individuals sensitive and confidential information. Compliance requires organizations to adopt and implement a variety of costly activities that include process, people and technologies.

Data security has the highest costs with policy representing the lowest costs; the average cost of data security is $2 million. As discussed previously, the cost of compliance can range from $5.5 million to almost $22 million. Table 1 summarizes the total,

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  Security, Data, Data security

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