With cyber-security incidents increasing, GDPR scares and the Cambridge-Analytica crisis, data security is on everyone’s mind. UK consumers are expressing willingness to walk away from a business that fails to look after their personal data. From this, retailers are most at risk of customer loss.
The concept that information which has been converted and stored in binary digital form is subject to the laws of the country in which it is located.
Serviceteam IT’s Beyond the Cloud: UK Technology Research 2018 in partnership with Doogheno revealed that 75% of respondents held their cloud services in the UK. Europe was the second most popular answer but only with 35% of respondents. Is there a reason why the UK is such a popular location for cloud services for British business? Should you be doing the same?
Charges that the research firm Cambridge Analytica have misused the information of over 50 million Facebook users has been like oil to a flame in questioning the privacy of social media. How much information have social networks stored about you?
The tech industry in the UK has issued a warming to ministers that a transition away from EU data protection standards following Brexit will damage the UK’s status as a technology hub. Amid the growing misunderstanding amongst Brexiteers that diverging from the tough EU data protection laws will give Britain a competitive advantage compared to other EU states in this fast growing sector.
In the three months since the research undertaken by Serviceteam IT, which explored the impact of the external challenges that businesses face in 2017 and beyond, the uncertainly has not changed. The uncertainty of Brexit, the introduction of General Data Protection Regulation (GDPR), and the rise of cyber-crime, and most importantly Data Sovereignty.
The cloud offers a variety of benefits for firms in terms of cost savings and efficiency gains and it is therefore unsurprising that the number of businesses migrating to the cloud is increasing year on year. Despite the surge in migration it is important to consider the implications of data sovereignty when deciding which cloud service provider to use. Data sovereignty is something that can have a massive impact on businesses, but there is still great uncertainty surrounding this subject.
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