The European Union’s incoming General Data Protection Regulations means thousands of companies globally will need to hire a Data Protection Officer, according to a new report.
The International Association of Privacy Professionals (IAPP) estimates “at least” 75,000 Data Protection Officers to be hired worldwide before the regulations come into effect.
The rules, which come into force in May 2018, will require companies to properly manage and secure user data or face potentially massive fines. Companies processing personal data on a large scale will require a DPO.
Previous reports estimated that the new regulations would require some 28,000 DPOs to be recruited in Europe, but international companies that do business on the continent will have to wise up to the fact that the rules will probably affect them too.
“It's not just European firms [that are affected by GDPR],” said Duncan Bradford, enterprise software giant CA’s EMEA CTO. “If you trade or have data about EU citizens, then you're under the umbrella of GDPR.”
“It is a big issue for firms. It's coming in a couple of years and they need to be compliant.”
The report estimates that the US alone will need around 9,000 DPOs. China will require over 7,500, Switzerland over 3,500, while Russia, Turkey, Japan, Norway, India, and South Korea will all require more than 1,000. According to the IAPP, many companies are simply looking to make their current privacy leader their DPO or promote someone internally to the role. The report suggests just 10% of companies are planning to hire externally or outsource the role to a consultancy.
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