How to Hire for GDPR
In May 2018, all businesses will need to be compliant with the new GDPR law but whilst most IT professionals are fully aware of the ramifications, many companies are still not prepared.
High Financial Risks Driving GDPR Hires
The average cost of a data breach is estimated at $3.62 million but, according to a snap survey by cyber security solutions provider, Imperva, less than half of companies have changed their practices to meet the new data protection law.
If the cost of a security breach wasn’t enough to make businesses move, the potential fines they can incur certainly will. With a maximum fine of €20M for companies who fail to adhere to core principles of data processing, infringement of personal rights or the transfer of personal data, it has become imperative the all organisations prepare now.
A Rise in Permanent and Contract Technical Staff
And, that is what’s happening. Now that 2018 is here, the race has quickened with many companies rushing to employ the resource required. Two thirds of UK firms have now taken action to hire permanent and temporary staff to help manage the change in data management.
IT teams throughout the enterprise are ultimately affected by the change and will have to review systems and frameworks to ensure compliance. GDPR is touching everyone in IT.
“It’s all about managing change,” commented David Freeman, MD of tech recruitment firm, Provide People. “We’re seeing an increase in jobs and requests for interim staff and permanent hires for Project Managers, Data Managers, Change Managers, GDPR Analysts and DPOs (data protection officers) – but we’re also seeing a change in the skills required for all IT professionals. Reporting, analytics and GDPR/MiFID/SOX compliance knowledge are becoming critical requirements for contractors in the lead up to May.”
If you’re unsure of the skills you need from your IT teams for future compliance, speak to technology recruitment experts for more information.