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Jon Baines contributes to new report, 'The Cost of Data Inadequacy'

Posted on 23 November 2020

Senior Data Protection Specialist Jon Baines has contributed to a brand new report, 'The Cost of Data Inadequacy'. The report, published by the New Economics Foundation and UCL European Institute, examines the economic impacts of the UK's failing to secure an EU data adequacy decision.

The analysis shows that, "the aggregate cost to UK firms of no adequacy decision would likely be between £1 billion and £1.6 billion. This extra cost stems from the additional compliance obligations – such as setting up standard contractual clauses (SCCs)".

You can read the full report here.

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