New BT research reveals:
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Key highlights (November 2016):
  • 63%  of CFOs are unaware of the regulations and penalties of the EU's General Data Protection Regulation (GDPR) while 69% are unfamiliar with Privacy Shield.
  • 45% of CFOs have more responsibility now for data protection than 3 years ago. Half say managing regulatory compliance is becoming a bigger part of their role.
  • Most CFOs admit they're uninformed about data protection. 70% expect technology to change their role over the next 3 years.
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Two-Thirds of CFOs Oblivious to Key Data Protection Legislation Despite Controlling IT Investment, BT Ireland Reveals

Two-Thirds of CFOs oblivious to key data protection legislation despite controlling IT investment
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Amárach Research on behalf of BT uncovers a lack of awareness by CFOs which could lead to massive penalties due to the enforcement of the EU General Data Protection Regulation (GDPR).