Category Archives for "Research"

Report: 90% of Visitors to EU domains grant GDPR Consent

A recent report published by consent management platform Quantcast Choice has revealed that, for European Union (EU) domains an average consent rate over 90 percent is being experienced. Around 81 percent of all users said yes to everything. The remaining 8 percent said yes to some things.

Source: Quantcast Report: 90% of Visitors to EU domains grant GDPR Consent – Compliance Junction

Privacy technology market penetration growing rapidly

TrusyArc and The International Association of Privacy Professionals (IAPP), conveyed a research that examined how privacy technology is bought and deployed to address privacy and data protection challenges. The findings show that privacy management technology usage is on the rise across all regions and that privacy teams have significant influence on purchasing decisions for eight of the ten technology categories surveyed.

Source: Survey reveals privacy technology market penetration growing rapidly, on pace to exceed 50% adoption for eight of ten most common categories

Cost of compliance 2018

Thomson Reuters has carried out its annual survey on the cost of compliance and the challenges financial services firms expect to face in the year ahead. The survey generated responses from more than 800 senior compliance practitioners worldwide, representing global financial institutions, banks, insurers, broker-dealers and asset managers. As with all previous years, the report builds on annual surveys of similar respondents and, where relevant, highlights year-on-year and regional trends.

Read article: COST OF COMPLIANCE 2018: Challenges compliance officers expect in 2018, closing thoughts | Reuters

Majority of companies fear 3rd-party vendors make them vulnerable to GDPR legal risks

Only 32 percent of companies say they are fully GDPR-compliant, according to the Demandbase/Demand Metric report. The report does show that marketers are aware of the importance of data security, with nearly 75 percent saying they will invest in technology to improve their approach to data privacy. But they may need training first, with 57 percent saying their top GDPR challenge is understanding the law, and only 37 percent saying they are facing technological barriers.

Source: Report: Majority of companies fear 3rd-party vendors make them vulnerable to GDPR legal risks – MarTech Today

Consumers are not acting on privacy concerns when using mobile applications

Consumers are becoming concerned about their privacy when using mobile applications, finds a survey carried out in the US, but they are not acting on the concerns. The survey, from Kaspersky Lab, found that 61% of people are uncomfortable with sharing their location information with websites and applications.

Source: Consumers are not acting on privacy concerns when using mobile applications

Consent management platforms are purchased less often than other privacy tools

With the massive new requirements for user consent in the General Data Privacy Regulation (GDPR) and the new California privacy law, you’d think the recently emerged consent management platforms would have landed in every sizable company’s toolbox. However, according to TrustArc and the IAPP, that may be because consent management has too many ‘cooks in the kitchen.’

Source: New report: Consent management platforms are purchased less often than other privacy tools – MarTech Today

73% of CISOs companies resigned to data breaches are stockpiling cryptocurrency to pay off ransoms, survey reveals

In an evolving threat landscape, the report revealed that 73% of CISOs companies resigned to data breaches are stockpiling cryptocurrency to pay off ransoms; and the vast majority (79%) of stockpilers have actually paid a ransom.

Source: 73% of CISOs companies resigned to data breaches are stockpiling cryptocurrency to pay off ransoms, survey reveals

Privacy violations by free VPN service providers

VPNs are generally regarded as a way to bypass censorship, both in developed and developing nations, and the concept of free VPNs has been generally alluring for two key reasons: First, privacy should be a basic human right, and it shouldn’t cost extra to enjoy this basic right. However, research is showing that practically all major free VPN service provider sell user data or violate user privacy in some way.

Full article: Privacy Violations by free VPN service providers

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