UK consumers agree companies should be fined if they lose their personal data, according to a survey by the Institute of Customer Service. The results also found that 86% believed data laws needed an overhaul and 62% believed businesses should do "more to protect personal data". Only 13 per cent were confident that their private information was safe in the hands of organisations they had shared it with, and only 15 per cent believed companies would do everything in their power to prevent this information from being lost or stolen. Just 13% thought their personal information was "safe" with third-party organisations and 28% said they would avoid companies that had come under cyber attack. A separate poll for Which?
UK consumers agree companies should be fined if they lose their personal data, according to a survey by the Institute of Customer Service. The results also found that 86% believed data laws needed an overhaul and 62% believed businesses should do "more to protect personal data". Just 13% thought their personal information was "safe" with third-party organisations and 28% said they would avoid companies that had come under cyber attack. A separate poll for Which?