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Data protection legislation 'costing £53m a year'
Jul 7 2010, 16:04 PM
Dealing with the Data Protection Act costs the UK approximately £53 million every year, it has been revealed.
The government disclosed that it costs around £50 million to handle subject access requests for information, the Independent reports.
However, it is estimated that the legislation saves businesses £15.5 million a year by helping to prevent costly data losses.
Justice Minister Lord McNally said officials will investigate whether or not the Information Commissioner's Office (ICO) should be given more power to take action against organisations that break the law.
"As individuals, citizens and consumers, we have the right to know our data is properly protected and the government is keen to gather evidence about how helpful the existing legislation is," he added.
The European Commission last month called for the ICO to be given greater authority.
Justice Commissioner Viviane Reding has informed the government that it needs to increase the sanctions granted to the organisation.
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