Tag Archives for " IBM "

What is the cost of a data breach?

The global average cost of a data breach is up 6.4 percent over the previous year to $3.86 million. The average cost for each lost or stolen record containing sensitive and confidential information also increased by 4.8 percent year over year to $148.These are the factors that determine the cost of a breach, along with advice for minimizing their impact.

Source: What is the cost of a data breach? | CSO Online

IBM Executives Press US Lawmakers Not to Adopt EU Privacy Law

More than 100 IBM executives will descend on Capitol Hill this week with a simple message for policy makers: don’t bring Europe’s new privacy regulations to the U.S.

“GDPR may work for Europe, but that doesn’t mean it should become a global standard,” Christopher Padilla, IBM’s vice president of government and regulatory affairs, said in an interview.

Source: IBM Executives Press U.S. Lawmakers Not to Adopt EU Privacy Law – Bloomberg

75% of consumers won’t buy your product if they don’t trust you to protect their data

More than three quarters of US consumers now say that a company’s ability to keep their data private is ‘extremely important,’ according to IBM.

Some 75% of consumers said they will not buy a product—no matter how great the product is—from a company if they don’t trust that company to protect their data.

Source: 75% of consumers won’t buy your product if they don’t trust you to protect their data – TechRepublic

AI needs to embrace trust, respect, and privacy

TechRepublic spoke to IBM’s Rob High about the ethical, privacy, and security obstacles that artificial intelligence has to overcome.

IBM Watson CTO Rob High has done a lot of thinking about the privacy, security, and ethical implications of artificial intelligence. He presented some of those ideas at Mobile World Congress 2018, and we talked to him about some of his key findings.

Source: IBM Watson CTO: The 3 ethical principles AI needs to embrace – TechRepublic

How IBM is preparing for GDPR

Technology giant IBM is one of the world’s largest processors of information so ensuring compliance with the upcoming General Data Protection Regulation is essential. The company provides its clients with a range of data privacy, security and governance offerings and is introducing these same readiness programmes internally across its enterprise.

Source: How IBM is preparing for GDPR | Data | Computerworld UK

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