The EU General Data Protection Regulation (GDPR) applies to small businesses too, and many are not ready.
A recent poll of 1,000 small business owners revealed many are still “clueless” about GDPR – leaving the personal data of millions of employees and customers at risk.
- “Four in 10 small businesses surveyed did not know the loss of paperwork could be a data breach, while 36 percent were not aware personal data posted, emailed or faxed to the wrong person could be a breach too”.
- “Six in 10 had no idea the data protection authority has to be notified of data breaches where individuals’ rights are affected and around half did not know all those affected must be told as well.”
- “Almost 45 per cent of businesses surveyed have no insurance whatsoever in place to protect them against cyber or data risks”.
The UK’s Independent has details via MSN Money.