The majority of Intelliflo's Intelligent Office (iO) users have yet to start planning for the incoming General Data Protection Regulation (GDPR), meaning many face missing the deadline, the firm has warned.
The back-office provider found two-thirds (67%) of the 270 surveyed iO users do not yet have a plan in place to ensure GDPR is fully implemented by the 25 May 2018 deadline, while 9% were not aware of the regulation whatsoever. The new GDPR rules seek to make sure people's "fundamental rights and freedoms, in particular their right to the protection of personal data" are protected. The rules will make it easier for consumers to ask for their data to be erased, withdraw consent for the use of personal data and have access to the personal data businesses hold on them. Worryingly, Int...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
