#Privacy: Just 10% of SMBs believe they are fully GDPR compliant

New research has found that the majority of UK small to medium-sized businesses (SMBs) in the UK know what needs to be done to comply with GDPR

A study by the Data & Marketing Association (DMA) carried out in November 2019, 18 months after the introduction of GDPR in May 2018, found that despite 68% of respondents claiming they have “good” or “moderate” awareness of GDPR, a follow-up question indicates that the respondents still have some lack of understanding. 

Respondents were asked a variety of questions including what types of data their business collects, stores or uses, to which 73% of respondents answered data on existing B2B customers, followed by data on existing B2C customers (68%) and employees (67%). 

Respondents were also asked which types of data, their business is in contact with, applies to GDPR. The DMA found that in regards to customer data, 63% agreed that GDPR applies, whilst 59% thought it applied to supplier data.  

Tim Bond, head of insight at the DMA, said: “While most of the data and marketing industry has long been aware, understood and implemented the necessary strategies to be compliant with the GDPR, there is a concern about knowledge gaps and training made available to smaller and medium-sized businesses. Of greatest concern is that 38% of them appear to believe that the GDPR does not apply to customer data they may acquire and process.”

Just 10% of the SMBs surveyed believed they were fully compliant with GDPR during the time of the research. A further 65% said they were either “half-way” or “three-quarters” of the way towards compliance, whilst the other quarter admitted to being in the “early stages” of GDPR compliance. 

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