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ICO Calls on Accountants to Improve SME Data Protection

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The UK’s privacy regulator has called on accountants to play a crucial role in guaranteeing the country’s SMEs are compliant with arduous knowledge safety legal guidelines.

The Details Commissioner’s Place of work (ICO) reported that research from 2021 uncovered that close to a third (34%) of scaled-down firms belief their accountants for advice, while a fifth (20%) use these companies to preserve abreast of developments in info security and the GDPR.

It’s unclear what measurement of organization qualifies as an SME, in accordance to the ICO.

The regulator published a series of questions for accountants to question of their SME clientele in buy to greatly enhance compliance throughout the little company neighborhood:

  • How a lot does your shopper know about details safety compliance and the ICO?
  • What styles of personal details do they acquire on a every day foundation?
  • Why are they keeping this information?
  • What security measures do they have in spot to guard this data?
  • Do they have a customer and personnel-facing privateness observe?
  • Do they know what a matter obtain request (SAR) is?
  • Would they know what to do if their group suffers a breach?

“SMEs have a good deal to assume about when functioning a small business and it is purely natural that they rely on their experienced network for direction as they search to develop their organization. Accountants are a critical section of this network and it’s very clear from our engagement with SMEs that lots of of them are reliant on their accountant to be certain their company dealings are compliant with data protection regulations,” argued ICO head of small business companies, Faye Spencer.

“We’re encouraging accountants throughout the British isles to identify the job they participate in and the price that they can increase when it comes to offering peace of mind to shoppers jogging their personal firms.”

The extended-expression plan for the ICO is to assistance SMEs self-assess their compliance with facts defense legislation through a new SME Info Essentials plan. It is at present piloting the plan with 60 SMEs as aspect of a three-calendar year ICO25 plan to decrease compliance prices while empowering SMEs to innovate and mature.

Some parts of this article are sourced from:
www.infosecurity-magazine.com

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