By 17th May, 2018 News and Events No Comments

GDPR – May 25th

Amidst the scramble to be compliant, which is hitting just about every business and organisation in the UK someone has actually found the time to research how they believe consumers will react once the legislation is implemented.

Here is a summary – there is a link to the full report at the bottom – you can work out the perecentages quoted don’t even add up.

A new study, commissioned by Veritas and conducted by 3GEM, surveyed 3,000 adults, including 1,000 in the UK. It reveals that consumers are most likely to target the following industries with personal data requests:

•Financial services companies, including banks and insurance companies (56 pct)

•Social media companies (48 pct)

•Retailers (46 pct)

•Former, current or potential employers (24 pct)

•Healthcare providers (21 pct)

 

The forthcoming GDPR will impact any organisation that gathers, processes or stores the personal data of individuals in the EU. The research shows UK consumers welcome their enhanced privileges. Of those that intend to exercise their rights, two-thirds (65 pct) plan to request access to the personal data a company holds on them, while the majority (71 pct) intend to exercise their right to be forgotten under the new regulations.

If you can face reading more then the full report is available here

Good luck with your GDPR plans – we are using www.simplybiz.co.uk to assist us.

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