As it is Data Protection Day, we thought we would take a look at the current state of play when it comes to business impact from data breach and its not pretty reading…
With increasing levels of data being collected every year, now more than ever we need to ensure very high quality processes and practice in our businesses. It is certainly not something to be taken lightly and the changes to EU DP regulations which could result in penalties of 5% of global turnover for serious data breaches, it could actually mean some of the worst offenders face a very uncertain future.
If you are unsure or need some support with Data Protection, don’t leave it to chance; get some proper guidance. Data Protection done well can be a business-enhancing function; raising everyone’s game and awareness of security. It can also mean closer examination of the need to keep all of the data a business currently stores in order to comply with the Data Protection Act.
Here are some of the latest findings on the cost to UK of Data Breach.