Re: Just goes to prove
Its actually the other way around. It just goes to show that a lot of firms couldn't be bothered to be compliant with existing data regulations as they had no teeth. The software used for data storage for most SMEs has been marketed as being compliant but the implementation of said products and services has never been done.
There's a difference between good information governance and the just keep everything attitude.
If I ask and borrow your car and use it for the weekend, drive it back on Monday morning with a full tank with no damage, happy days! If you found out that I'd taken a copy of your keys just in case I needed to borrow it again, you'd be pretty pissed and call the police.
So why do you believe that an SME (or any firm) should have the right to hold data beyond their legal or regulatory terms?