A new survey today reveals that 25% of Irish IT decision-makers worry that their organisation is not General Data Protection Regulation (GDPR) compliant.
The survey, from data centre operator Equinix, found that 76% of IT decision-makers said that complying with data protection regulations is a top priority for their company's technology strategy.
44% also said that changing regulatory requirements around data privacy are a threat to their company.
To strengthen its own GDPR compliance and to help customers navigate GDPR, Equinix completed the process of achieving Binding Corporate Rules (BCRs) approval by European Union regulators.
In doing so, it said it has become the first company to have its BCRs approved by the European Data Protection Board (EDPB) set up under the new GDPR regime.
BCRs allow multinational companies to transfer personal data from the European Economic Area (EEA) to their affiliates located outside of the EEA, while adhering to the highest standards, as demanded by EU regulators.
Equinix said that securing BCRs compliance ensures that the personal data flows that it adopts to operate its global enterprise and support its global customer base are GDPR compliant.
Maurice Mortell, Managing Director for Ireland at Equinix, said that given the importance of regulatory compliance in the business environment today, gaining BCRs approval is a significant achievement for the company.
Mr Mortell said that as global and Irish business communities strive to become more compliant, they are choosing interconnection - or private connectivity - to mitigate many of the risks associated with being a digital enterprise today.
"The fact that a quarter of Irish enterprises might be exposing themselves - and their customers - to data infringements is very worrying. It highlights the need for businesses here to seize responsibility and ensure they are taking all of the necessary steps to be truly compliant," he cautioned.