Irish Small and Medium Enterprises (Isme) has today warned Irish companies to implement the changes to comply with a new data regulations.
The General Data Protection Regulation (GDPR) will come into force May 28 of this year, replacing the existing protection frameworks under the EU data protection directive.
A new General Data Protection Regulations survey by Isme gives a breakdown of GDPR compliance among SMEs and the actions taken to date on GDPR compliance.
It found that:
ISME CEO Neil McDonnell said: "Today's results paint an interesting picture of GDPR compliance.
"We received a very healthy response to this survey, which tells us businesses are curious about it. One of the main findings is that businesses are aware of GDPR, but know very little about the intricacies of compliance."
"The impact of non-compliance of GDPR on a business could be serious, as there is a serious fines regime in place to discourage it.
"Businesses must take these new measures seriously.
"In order to ensure SMEs are GDPR-ready, we will be holding bespoke SME GDPR training sessions in February to assist businesses in the transition period in Dublin, Cork and Limerick."