SMEs Data Protection Compliance Motivations

Posted by Joachim Bartels | May 8, 2014 | Business Information, Credit Information, Privacy & Data Protection, SME Access to Finance Issue, Uncategorized | 0 |

A survey conducted by the PDP (Privacy and Data Protection) in the UK showed why smaller organizations are concerned about data protection.

SMEs listed the top reasons why they complied with data protection law and 60% stated that it was because of concerns about receiving fines. A similar number stated that it was to avoid receiving adverse publicity. 80% said that they wanted to make public that they took compliance seriously.

Source: Mike Bradford, Regulatory Strategies

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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