A staggering 84% of small UK business owners are unaware of the forthcoming General Data Protection Regulation (GDPR), according to Shred-it’s seventh annual Security Tracker research. The firm surveyed 1000 owners of small companies in the UK and discovered that whilst 87% claimed to have at least some understanding of their industry’s legal requirements, just 14% were able to correctly identify the fine associated with the new regulation – up to €20m or 4% of global turnover.

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