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Large organizations are significantly more likely to have been breached than small organizations: companies with over 250 employees reported breaches 26% more than companies with 1–9 employees. Another key step to keep your business safe from breaches is to ensure that your employees are following security best practices.
On May 25, the European Union celebrated the first anniversary of the enforcement of the General Data Protection Regulation (GDPR) , the most important change in dataprivacy regulations in the last decade, designed to restructure the way in which personal data is handled across every sector (public or private) and every industry.
According to a survey by Deloitte , 71% of bank leaders expect their organizations to increase cybersecurity spending, with cloud computing/storage and dataprivacy rounding out the top three areas of needed improvement to combat the risk of databreaches. The challenge.
I was joined by Liz Waddell, Incident Response Practice Lead at Cisco Talos , who’s often there at ground zero for databreaches, helping teams put out fires in remediation. And finally, Christos Syngelakis, CISO, and DataPrivacy Officer at Motor Oil Group. Meet the experts.
The rise in cyber incidents coupled with the increase in digital privacy regulation enactments worldwide has thrust data protection into the front of the mind of consumers. 21% of consumers stopped using the company that suffered a databreach, of whom 42% requested they delete their information.
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