Most businesses that collect personal data are known as government records


The importance of data to the UK economy – and the need for companies to protect it – is highlighted in a government -published report that found most businesses collect and use data of any kind.

Of the 4,500 companies surveyed, 81% said they would keep recorded personal data, non -personal data, or both, using that information to increase productivity. 100% business growth.

About three -quarters of businesses said they collect data from sources other than employees, and of those, 93% said data came from information volunteers, for example. if a customer registers with them.

Non -personally identifiable data, such as sales or value data, is available, with more than half of survey respondents stating that they would publish such information.

Related disease

The report, compiled on the government side by market research group IFF Research, found that the use of data has become more common in recent years and found that most businesses in use to their advantage.

“About half of the businesses that use digital data are said to have had easier access to the data in the last 10 years,” the report said. “We asked these agencies about the benefits they were given and about half said they were able to innovate and do new things. Most of them, somewhere of 60%, which is said to lead to positive improvement.

Personal data collected, processed or used by agencies is in accordance with the requirements of the UK Data Protection Act of 2018, which is enforced by the Information Commission.

Since the data protection government was amended in 2018, the ICO has had the power to impose heavier penalties on companies that break the rules. Before the new law was introduced, the maximum fine a watchdog could receive was £ 500,000.

The DPA offers fines of up to £ 18m or 4% of the group surveyed worldwide – each number more. In 2020, the ICO hit British Airways and the Marriott hotel with fines of £ 20m and £ 18.4m for failing to keep track of their customer’s data – and these charges much less than the previous fines of £ 183m a. £ 99m. The reduction in the amount of wages paid was, in part, the impact of the disease on the performance of the two industries in question.

Most businesses that collect personal data are known as government records

Source link Most businesses that collect personal data are known as government records

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