SMEs unaware of new data protection rules

New data protection rules coming into force next May will change how companies are required to process information, such as customer lists and employee records. But a survey of more than 1,000 small companies, commissioned by Irwin Mitchell, found that 78% had not heard of the new rules, while 86% were not aware of the threat of fines. Only 11% had started preparing for it. Matthew Pryke, partner at Hamlins, said: “Too many businesses are complacent. Those who leave it to chance and don’t prepare now could be left high and dry if the ICO finds that businesses breach regulations.” The FSB warns the new rules will add to costs for SMEs and has called on the government to launch an awareness campaign over the summer.

The Times, Page: 51 

Posted 20/06/2017