EU law could see 75,000 new data positions worldwide
Requirement needed globally by May 2018
The International Association of Privacy Professionals (IAPP) estimate that 75,000 new data-protection officers will be required globally under a European Union regulation.
According to the study, positions will need to be created by the time General Data Protection Regulation (GDPR) comes into force from May 2018.
After initially stating that approximately 28,000 such roles would be required, the IAPP now is predicting a much higher total, with 11,790 in the EU alone. The US, considered to be the EU’s biggest trading partner, will need to appoint the most data protection officers, followed by China, Turkey, Russia and Switzerland.
A separate GDPR study by the IAPP and TRUSTe has revealed that nine in 10 companies have actively started to address the regulation, including 43% who have a plan in place and 49% who have started implementing their GDPR compliance plan.
About 67% of EU companies said that their implementation is underway or completed, compared to 42% for the US.