Chris Berry, executive chairman of Mayberry Investments Limited, says he believes that many small enterprises may not be able to comply with the Data Protection Act, 2020 due to lack of resources.
Berry, a businessman who sits on numerous boards for various established companies, indicated that larger enterprises have a financial advantage in complying with the Act.
“Having spent time studying it and going through, I find it difficult to understand how smaller companies will actually be able to cope with the Data Protection Act. I would say that probably 90 per cent of Jamaican companies will not be able to comply with [it]. They just don’t have the resources and the technology is not yet developed where you can just go and buy [software tools] to comply with it,” Berry said at tTech’s TechCon which was recently held.
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