Exxe Group Inc (AXXA)

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AXXA What will GDPR preparation cost my company?

According to the PwC survey, 68 percent of U.S.-based companies expect to spend $1 million to $10 million to meet GDPR requirements. Another 9 percent expect to spend more than $10 million.

The PwC survey, which was conducted in December 2016, showed that 68 percent of U.S.-based companies expect to spend $1 million to $10 million to meet GDPR requirements. Another 9 percent expect to spend more than $10 million.

As we approach the May 25 deadline, those expectations might have been on the high side. The more recent Propeller Insights survey from March 2018 indicates that most companies will spend less than $1 million. In fact, 36 percent of the respondents said they would spend between $50,000 and $100,000, and 24 percent will spend between $100,000 and $1 million. Only about 10 percent expected to spend more than $1 million.

https://www.csoonline.com/article/3202771/data-protection/general-data-protection-regulation-gdpr-requirements-deadlines-and-facts.html