Ambrogi writes….
As global compliance regulations have surged over the past decade, corporations in both the U.S. and U.K. say that responding to regulatory changes creates operational pressure for their businesses, increases their risk, and has a negative affect on their profitability and growth, according to a new survey out today.
One impact of these mounting regulatory pressures is that companies often delay taking steps to comply because of budget constraints or a lack of resources, the survey found.
Roughly four in 10 corporations said they are not yet fully compliant with the GDPR, which took effect more than two years ago, or with the CCPA, which took effect at the start of this year.
Read more about the poor downtrodden here
Surge in Global Regulations Burdens Corporations and Challenges their Law Firms, Survey Finds
