As security threats to organization’s data — whether it’s patient or corporate data – continue to trend upward, privacy can longer be an issue of just legal departments — it needs to be a priority that permeates operations and strategy.
A new survey from FairWarning, the leader in protecting the privacy of people and organizations, and the International Association of Privacy Professionals (IAPP) found that out of 550 global privacy and data protection, IT and compliance professionals, 50 percent had at least one data breach in the last three years. What’s more alarming is that despite the increase in breaches and privacy incidents, privacy programs have not advanced quickly enough to keep up with these threats.
A few surprising results of the survey include:
- Two-thirds of responding organizations (67 percent) documented one privacy incident within the past three years, and over 24 percent of those experienced 30 or more.
- Despite those increased privacy incidents, organizations have not rapidly accelerated the advancement of their privacy program, as 44 percent responded they are in the early stages of adoption and 28 percent are in middle stages.
- Organizations with more mature privacy programs significantly reduce privacy complaints (30.3 percent).
- Fifty-four percent of privacy programs are able to mature more successfully with the help of automated privacy tools implemented in the early stages of program development.
Download the full report from FairWarning and IAPP below.
