Europeans lag behind Asian and American businesses in terms of readiness for stricter data privacy laws, according to an Economist Intelligence Unit and Alibaba payments business Ant Financial study.
According to the research, American businesses had an average readiness score of 8.04, followed by South East Asian businesses (7.42), Chinese businesses (7.35) and Western European businesses (6.69).
A key factor in this was that many markets had an awareness that European-like laws would be coming into effect in other regions off the back of GDPR.
Overall, it said nearly 100% of respondents said data privacy is important Read full story ›
Source: The Drum
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