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...

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