SMBs to Regulators: Privacy is Cool, but please don’t hurt us

A recent poll result from Connected Commerce Council shows us that vast majority of SMBs are liking the new approach to Privacy, however they are concerned about the cost.

Here are the important numbers:

  1. A big whooping 72% of respondents support improvements to privacy regulations.
  2. Only 16% feels that regulators know what they’re doing in terms of tech regulations (Facebook senate hearing, anyone?)
  3. Abysmal 15% have confidence that regulators will think of them SMBs while regulating
  4. 56% worries they’re going to be badly affected