Data management could scupper GDPR plans - Claranet

Regulation begins in May

Tom Ellis
clock • 1 min read

Securing and managing data are the biggest problems financial services firms have been encountering in their GDPR preparations, according to managed IT services provider Claranet.

The firm surveyed 750 IT decision-makers for its report and two-thirds (69%) of respondents said they were not able to secure customer data effectively ahead of the General Data Protection Regulation's (GDPR) 25 May deadline, while almost half (45%) reported encountering challenges in securing customer details while trying to improve the digital user experience. GDPR only 'on the radar' for more than half of advisers - PA poll Alongside these reported struggles, more than half (57%) cited security as one of the biggest challenges facing their IT department, while almost two-thirds (63...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA replaces portfolio letters with 'succinct' priorities report

FCA replaces portfolio letters with 'succinct' priorities report

Sets out areas of focus by industry sector

Jenna Brown
clock 05 March 2026 • 2 min read
FSCS declares Campbell & Associates failed after director's fraud charge

FSCS declares Campbell & Associates failed after director's fraud charge

Lisa Campbell has denied all wrongdoing, according to FCA

Jen Frost
clock 03 March 2026 • 2 min read
FCA looking at child trust funds in closed book products review

FCA looking at child trust funds in closed book products review

Publication expected this year

Jen Frost
clock 26 February 2026 • 2 min read