Data Summit will aid organisations and businesses to increase their preparedness for the implementation of new data protection rules
New research released to mark the upcoming Data Summit highlights that while data will play an increasingly important role in the growth and development of Irish businesses, a majority are unaware of the EU General Data Protection Regulation (GDPR) which is due to come into effect from the 25th May 2018.
The findings of the business survey, carried out iReach on behalf of the Department of the Taoiseach and the Government Data Forum, provide a clear and strong message that the business community is both conscious of the ever-expanding role of data and willing to harness the benefits of technological innovation.
- 72% of respondents believe data will play an important or very important role in the development of their business model going forward;
- 52% of businesses think data will allow their business to run more efficiently; and,
- 64% believing Big Data will allow them to enhance their customer experience, increasing to 76% among medium and large enterprises.
- 66% of businesses are unaware of the specific enhancements in data protection obligations imposed by the GDPR;
- 47% of respondents to the survey are unsure where the data protection responsibilities lie within their respective companies; and,
Commenting on the results of the research, the Minister of State for European Affairs, EU Digital Single Market and Data Protection, Dara Murphy TD, said: “The results of the research released today are a strong indicator that Irish business is well placed to embrace the opportunities of Ireland’s data-driven future. This will only but strengthen Ireland’s position as the Data and Digital Capital of Europe.”
Minister Murphy then added: “Although some businesses have yet to consider the GDPR, this game-changing piece of legislation cannot be ignored. By hosting ‘how-to’ sessions with officials from the Office of the Data Protection Commissioner, officials from our Department of Justice and representatives of the International Association of Privacy Professionals (IAPP), the Data Summit will increase preparedness for the implementation GDPR and ensure businesses are more aware of how they manage and protect data.”
Note to Editors:
The Government Data Forum was established by Minister Murphy in July 2015 to advise Government on opportunities and challenges arising from the growth of the digital economy, in particular those arising from continuing growth in the generation and use of personal data. Member of the Forum, which is chaired by the Minister, is drawn from civil society, industry, the public sector and a range of academic disciplines (law, psychology, and sociology).
The Data Summit is supported by the following partners: Digital Youth Council of Ireland, IDA Ireland, Microsoft, Royal Irish Academy, Accenture, the Association of Compliance Officers in Ireland (ACOI), International Association of Privacy Professionals (IAPP), DataKind, Central Statistics Office, Nymity, Department of Public Expenditure and Reform, Wizuda, American Chamber of Commerce Ireland, Philip Lee, Google, Science Foundation Ireland (SFI), CONNECT, Facebook, Insight, ADAPT, Eversheds Sutherland, Centre for Information Policy Leadership, and Yahoo.