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Tag Archives for " survey "

Talend Report Showcases Low GDPR Compliance Rates for Data Subject Access Requests

Talend’s new survey shows that less than half of all companies and public sector organizations were able to respond to a Data Subject Access Request within the time period stipulated by GDPR.

Media and telecommunications companies also scored very poorly, with only 32% of them responding in a timely manner. Only 46% of retailers are able to respond to Data Subject Access Requests in a timely manner.

Source: Talend Report Showcases Low GDPR Compliance Rates for Data Subject Access Requests – CPO Magazine

Over a third of US citizens have been victims of ID theft through 2019

Over one third (38%) of Americans have been victims of identity theft or data breaches in the past year, according to a survey conducted by YouGov plc on behalf of ScoreSense.

The study also found that, although the majority of Americans (77%) are concerned about these threats, less than half (48%) are taking measures to protect themselves by utilizing tools to monitor their credit or prevent ID theft.

Source: #Privacy: Over a third of US citizens have been victims of ID theft through 2019

Companies lagging in GDPR compliance

New survey finds that many companies in the U.S. and abroad have greeted last year’s implementation of the European Union’s landmark privacy regulation with a resounding lack of urgency.

An average of one out of four companies in every country reported having a low degree of confidence in their readiness to respond to a data breach covered by GDPR. That’s according to a survey of more than 1,200 organizations in the U.S., Europe, China and Japan.

Source: Companies lagging in GDPR compliance, survey finds – New England In-House

Less than half of US businesses are ready for CCPA compliance

The survey, conducted by Osterman Research, Inc., revealed the current state of security team preparedness and critical gaps in compliance with the California Consumer Protection Act (CCPA) before it comes into effect on 1st January 2020.

Key findings include only 15% of organisations report having a mature approach to data privacy, more than half (59%) have yet to allocate budget to CCPA compliance, and 58% are currently using or will look to implement machine learning-driven systems to improve manual processes for data security.

Source: #Privacy: Less than half of US businesses are ready for CCPA compliance

Tech and mobile companies want to monetise your data … but are scared of GDPR 

The vast majority of technology, media and telecom (TMT) companies want to monetise customer data, but are concerned about regulations such as Europe’s GDPR, according to research from law firm Simmons & Simmons.

It found that 78 per cent of companies have some form of data commercialisation in place but only 20 per cent have an overarching plan for its use.

Survey also revealed that 53 per cent of TMT companies think they need to improve their understanding of data privacy regulation. Meanwhile, just 31 per cent of respondents said they had updated their communication to customers on data collection and use in the last two years – despite a number offering financial incentives and offering a more personalised service to incentivise data sharing.

Source: Tech and mobile companies want to monetise your data … but are scared of GDPR • The Register

Consumers balance data privacy against personalisation

Consumers are willing to share their personal data in exchange for personalisation, depending on whether the service meets their expectations, according to Deloitte’s eighth annual Media Consumer Survey. And consumers want the ability to have their data removed, but the choice to do this is impacted by loss of personalisation, according to the survey.

The report found a desire for ownership and control of personal data, with 62 per cent of respondents believing they should have the right to ask a company to delete their data, and 65 per cent indicating interest in editing what’s collected. However, of the 62 per cent believing they should be able to request their data be deleted, only 31 per cent would do so if it meant losing features like personalised recommendations.

Source: Survey: Consumers balance data privacy against personalisation – CMO Australia

Only 25% of companies disclose data breaches despite GDPR

A high number of businesses in Europe are choosing to not disclose cyber-security breaches to the public, despite the risk of heavy GDPR fines, a new study reports.

Researchers discovered that 75% of cyber-attacks are not published, with many companies indicating that they turn a blind eye to their legal obligations.

According to the research, less than a fifth (19%) of corporations gave official notification of hacks they suffered over the last five years, despite 66% of firms surveyed saying they were aware of their legal obligations under new EU data laws in terms of reporting to their local Data Protection Authority.

Source: #Privacy: 25% of companies disclose data breaches despite in GDPR era

Cyberattacks cost small companies $200K, putting many out of business

About 43% of cyberattacks are aimed at small businesses. On average, these cost $200,000, putting 60% of these companies out of business in six months.

At the same time, though, 66% of senior decision-makers at small businesses still believe they’re unlikely to be targeted by online criminals. Similarly, 6 in 10 have no digital defense plan in place whatsoever, underscoring the need for heightened industry awareness and education across the board.

Source: Cyberattacks cost small companies $200K, putting many out of business

Over 50% of companies have experienced a data breach

New research by Bitdefender discovered that 24% of companies have already suffered a data breach halfway through 2019.

While 57% of companies have experienced a data breach during the last years, 36% of infosec professionals stated that their companies could likely be facing a breach without knowing about it.

The security firm conducted a survey of more than 6,000 infosecurity professionals from organisations across the US, EMEA and APAC.

Source: #Privacy: Over 50% of companies have experienced a data breach

Only 28% Of Firms Are Complying With GDPR

The Capgemini Research Institute reports that only 28% of European firms have achieved full adherence with the law that took effect in May 2018.

U.S. firms are closest — 35% were compliant as of June of this year.

However, compliant firms say they are enjoying improved customer trust, brand image and employee morale. In addition, they have benefitted from improvements in their IT systems and cybersecurity practices.

Source: Only 28% Of Firms Are Complying With GDPR: Study 09/30/2019

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