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Category Archives for "Research"

Whistleblower data breach reports almost triple after GDPR crackdown

Whistleblower reports over data breaches have almost tripled over the past year since the introduction of GDPR.

Reports from whistleblowers over data protection surged by 175% to 379 in the year to May 2019, from 138 a year earlier, according to research from City law firm RPC.

The firm said that the introduction GDPR in May 2018 has made people more vigilant over the handling of personal data, increasing the number of reports to the Information Commissioner’s Office (ICO).

Source: Whistleblower data breach reports almost triple after GDPR crackdown

Facebook usage falling after privacy scandals

Since April 2018, the first full month after news of the Cambridge Analytica scandal broke in the Observer, actions on Facebook such as likes, shares and posts have dropped by almost 20%.

This month a market research firm, eMarketer, reported a decline in Facebook usage in the US, saying the typical Facebook user spent 38 minutes a day on the site, down from 41 minutes in 2017.

Source: Facebook usage falling after privacy scandals, data suggests | Technology | The Guardian

Human error still the major cause of data breaches

More than half of all executives (53%) and nearly three in 10 Small Business Owners (28%) who suffered a breach, reveal that human error or accidental loss by an external vendor/source was the cause of the data breach, according to a Shred-it survey conducted by Ipsos.

The report found that nearly half of all executives (47%) and one in three SBOs (31%) say human error or accidental loss by an employee/insider was the cause.

Source: Human error still the cause of many data breaches – Help Net Security

EU Commission publishes report on GDPR application issues

The European Commission has published Multistakeholder Expert Group’s report on eperience of application of the General Data Protection Regulation’s (GDPR).

Report highlights the main issues and concerns that organisations face in complying with the GDPR, as well as GDPR’s impact on the exercise of data subjects’ rights.

Read Multistakeholder Expert Group’s report.

Employees are almost as dangerous to business security as hackers and cybercriminals

Non-malicious insiders are among the top three threat actors, according to an ISACA report. Employee mistakes and system errors are a larger threat to data security than hackers or insiders, one report found, while 75% of IT professionals say they are vulnerable to insider threats, another survey said.

Top three threat actors to businesses:

  1. Cybercriminals (32%)
  2. Hackers (23%)
  3. Non-malicious insiders (15%)

Source: Employees are almost as dangerous to business security as hackers and cybercriminals

Only 0.25% of reported data breach cases fined under GDPR

Data requested by digi.me shows that of 11,468 data breach cases closed by the Information Commissioner’s Office (ICO) since GDPR’s implementation, only 29 have resulted in financial penalties. That makes a penalty rate of just 0.25 per cent.

The data also revealed that 37,798 data protection concerns have been raised by members of the public since 25 May 2018. This figure is nearly three times the number of actual data breach cases investigated by the ICO during this same period (12,854).

Source: Digi.me investigation reveals only 0.25pc of reported data breach cases fined under GDPR – digi.me

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

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