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EDPS publishes 2018 Annual Report 

The 2018 Annual Report provides an insight into all European Data Protection Supervisor (EDPS) activities in 2018. Chief among these were our efforts to prepare for the new legislation. The General Data Protection Regulation (GDPR) became fully applicable across the EU on 25 May 2018 and new data protection rules for the EU institutions are also now in place. Working with the new European Data Protection Board (EDPB), the EDPS aims to ensure consistent protection of individuals’ rights, wherever they live in the EU.

Access report: 2018 Annual Report – a new era in data protection | European Data Protection Supervisor

Consumers Worry About Personal Data Privacy But Few Take Action

Eighty-one percent of consumers say they’ve become more concerned about how companies use their data, while 87% think companies should be more heavily regulated on personal data management, according to privacy survey from IBM’s Institute for Business Value.

But even though consumers are concerned with one story after another of companies losing or misusing personal data, apparently it’s not enough for them to take actions in response. Seventy-one percent said that they were willing to give up privacy to get access to what technology can offer. Only 45% have updated their privacy settings on products in response and 16% walked away from a company because of data misuse.

Source: Consumers Worry About Personal Data Privacy But Few Take Action: Study | Fortune

New Study Finds Millennials Concerned About Privacy, But Lax On Security

In a Rivetz-commissioned survey of 1,000 U.S. adults, Rivetz found that respondents were incredibly reliant on their smartphones: two-thirds of respondents were willing to allow a friend to borrow their car for 24 hours, but the same percentage were not willing to allow a friend to borrow their smartphone for the same amount of time.

More than 90 percent of respondents said they would find it important or extremely important to prevent someone from accessing the content on their smartphone if they lost it. However, despite fears of losing their smartphones, younger generations were found to be much less concerned about protecting their data than other generations.

Source: New Study Finds Millennials Concerned About Privacy, But Lax On Security

85 percent of Chrome apps and extensions lack a privacy policy

New data from Duo Security shows that more that 85 percent of Chrome apps and extensions don’t have a privacy policy, meaning developers can essentially handle your data however they want.

Duo also found that 35 percent of Chrome apps and extensions can read data on any site you visit. Nearly 32 percent use third-party libraries with known vulnerabilities, and 77 percent have no support site.

Source: 85 percent of Chrome apps and extensions lack a privacy policy

Companies worldwide recognize business benefits of privacy

Nearly all organizations worldwide are now recognizing that privacy investment is translating into upside business benefits. Organizations that have invested to get ready for the EU General Data Protection Regulation are experiencing fewer and less costly data breaches.

Full article: Companies worldwide recognize business benefits of privacy

Nearly half of UK small businesses believe a cyberattack could close their business

Every second small and medium-sized business in the UK could be forced to close if they were hit by a major cyberattack, a new study suggests.

The report, titled “Size Does Matter,” details the challenging climate for UK SMBs in a time of rapid political, economic and social change.

Full article: Nearly half of UK small businesses believe a cyberattack could close their business

GDPR Compliance Lowers Data Breach Frequency and Impact Says Report

Companies that follow the requirements of the General Data Protection Regulation (GDPR) experience extra benefits such as lower frequency and effect of data breaches, as well as fewer records being impacted in the attacks, shorter downtimes and lower overall costs.

Full article: GDPR Compliance Lowers Data Breach Frequency and Impact Says Report

Data security is a major issue in GDPR compliance

On Thursday, Cisco released its 2019 Data Privacy Benchmark Study which explored how the new privacy regulations have impacted the enterprise.

It shows only 59 percent of the enterprises believe they are meeting the EU’s regulatory requirements today.

Source: Data security is a major issue in GDPR compliance | ZDNet

Researchers Allege ‘Systemic’ Privacy, Security Flaws in Popular IoT Devices

A new report found that a dozen connected devices are open to several security and privacy issues.

Researchers said they specifically analyzed devices’ privacy policy to understand where data is being shared; monitored traffic and communication patterns; collected full packet data for manual reviews of communications; and performed analyses of devices’ complementary Android applications.

Full article: Researchers Allege ‘Systemic’ Privacy, Security Flaws in Popular IoT Devices

Security is the no. 1 IT barrier to cloud and SaaS adoption

Security is the top barrier in cloud and Software as a Service (SaaS) adoption for enterprise IT infrastructures, according to a Ping Identity report released on Wednesday.

Some 43% of IT professionals surveyed said that security is the biggest obstacle for cloud adoption, and 37% said security is also the biggest barrier to SaaS adoption, said the report.

Source: Security is the no. 1 IT barrier to cloud and SaaS adoption – TechRepublic

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