MIG provides Support for Insolvency Practitioners

News

The Information Commissioner, the UK body responsible for policing the Data Protection Act (DPA), regards the 'owners' of a business as the responsible entity against whom criminal charges can be brought and fines of up to £500,000 can be levied if a serious breach of consumer data protection occurs. In the case of a business failure and an administration, this responsibility becomes that of the Insolvency Practitioner.

MIG has launched a data processing service for Insolvency Practitioners (IPs) providing a trusted and ICO-approved process to help IPs mitigate against the serious risk of breaching the DPA during an administration and also to help improve the value of the data to third parties.

For more information, visit www.ipsupport.uk.com.

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