fbpx

Free tools and resources for Data Protection Officers!

Category Archives for "Research"

Companies’ Stock Value Dropped 7.5% after Data Breaches

After analyzing the top three breaches from the past three years, Bitglass found that in the aftermath of a data breach, a decrease in stock price was a notable repercussion identifiable for publicly traded companies.

Research also showed that these breaches have cost an average of $347 million in legal fees, penalties and remediation costs. “Marriott uncovered the breach while seeking GDPR compliance; the company is now being fined $912 million under the regulation,” the report said.

Source: Companies’ Stock Value Dropped 7.5% after Data Breaches – Infosecurity Magazine

An estimated 500K organizations have registered DPOs across Europe

As the EU General Data Protection Regulation approaches its first birthday, hundreds of thousands of privacy professionals have jobs tied to the milestone.

New IAPP research indicates that an estimated 500,000 organizations have registered data protection officers across Europe under the GDPR.

Full article: Study: An estimated 500K organizations have registered DPOs across Europe

Reported data breach numbers increase by 56% for early January

A recently-published study shows that the number of reported data breaches for the first three months of 2019 was up by 56.4% in comparison with the same time frame in 2018.

The research comes from the new Data Breach Report issued by security analytics firm, Risk Based Security.

Source: Reported data breach numbers increase by 56% for early January

Just Four in 10 Privacy Executives Are Confident About Adapting to New Regulations

Adapting to an increasingly volatile regulatory environment is the top priority for privacy executives, with only approximately four in 10 confident in their current abilities to keep pace with new requirements, according to a Gartner, Inc.

A majority of privacy executives believe that their organizations lack an information governance framework that can adapt to changing regulations.

Source: Gartner Says Just Four in 10 Privacy Executives Are Confident About Adapting to New Regulations

Consumer Horizons 2019: Key Privacy and Data Protection Considerations in the Consumer Industry

The consumer industry is evolving at lightning speed, and the way consumer businesses operate is shifting. From issues in supply chain to the digitalization of the consumer experience, companies are rapidly changing to keep up with consumer demands.

In this year’s edition of Consumer Horizons, the Hogan Lovells global Consumer team identifies trends that will impact food and beverages companies, fashion and luxury goods producers, retailers, consumer electronics manufacturers, and other consumer businesses throughout 2019.

Access Consumer Horizons 2019 (registration required).

GDPR Preparedness by Numbers

Crownpeak commissioned Forrester late last year (September) to conduct a survey where they asked 263 data and compliance professionals from the US, UK, Germany, and France at organizations with 100+ employees what they’re doing to prepare for the new law.

Here’s an infographic that sums up the data: GDPR Preparedness by Numbers What the Data Says | Crownpeak

Deeper Dive: GDPR a Game-Changer for Data Breach Notification

When the EU General Data Protection Regulation (GDPR) took effect on May 25, 2018, it dramatically changed the way multinationals manage the reporting of personal data breaches.

It also substantially raised the stakes: Entities found to have violated the GDPR’s data security and breach reporting obligations could face much steeper regulatory fines than those available under U.S. laws.

Full article: Deeper Dive: GDPR a Game-Changer for Data Breach Notification

European Commission Releases Study on GDPR Data Protection Certification Mechanisms

European Commission has published a final report “Data Protection Certification Mechanisms: Study on Articles 42 and 43 of the Regulation
(EU) 2016/679”.

The overall aim of the study is to support the establishment of data protection certification mechanisms and of data protection seals and marks pursuant to Articles 42 and 43 GDPR.

More specific the purpose of the assignment is to: i) accompany the establishment of data protection certification mechanisms and of data protection seals and marks pursuant to Art. 42 and 43 GDPR and ii) collect all relevant information for the Commission in view of the possible implementation of Art. 43(8) GDPR on the requirements for the data protection certification mechanisms and of Article 43(9) GDPR on the technical standards for certification mechanisms and data protection seals and marks, and for mechanisms to promote and recognise those certification mechanisms, seals and marks.

Read report: Data Protection Certification Mechanisms: Study on Articles 42 and 43 of the Regulation (EU) 2016/679

GDPR has driven improved cyber resilience

The introduction of the General Data Protection Regulation (GDPR) has made more UK businesses more resilient to cyber risk, the UK government has said in its latest annual cybersecurity breach survey.

Survey was carried out in the final three months of 2018. The government asked 1,566 UK businesses if they had experienced cybersecurity breaches or attacks within the previous 12 months. In response, 32% of businesses said they had, down from the 43% that said they had experienced such incidents in last year’s survey.

Source: GDPR has driven improved cyber resilience, says UK government

Consumers worried about their privacy but don’t act

As recent PricewaterhouseCoopers report shows, 92% of consumers say they should be able to control the information about them on the internet and 71% say they’d stop doing business with a company for giving away their sensitive data without permission.

However, another study from IBM showed that less than half (45%) of consumers updated privacy settings. Moreover, only 16% stopped doing business with an impacted company, and only 18% deleted a social media account.

Source: The privacy paradox – Axios

1 2 3 25
>