Wednesday, October 28, 07:20
Home inet IDC: Confusion with the EU's Privacy Policy

IDC: Confusion with the EU's Privacy Policy

ESET has teamed up with IDC's leading analyst to investigate how small and medium-sized businesses are approached in selected countries by the EU's Privacy Policy (GDPR). and the safety of endpoints. The results show that European companies still have uncertainty about the regulation.

Almost 78% of IT decision makers in more than 700 European companies either do not understand how the regulation will affect them or they do not know it at all. However, over one third of companies want encryption, an issue that is affected by the Privacy Policy. These and other findings of IDC's research, conducted on behalf of ESET, are revealed at the Mobile World Congress in Barcelona. Until 2 March 2017, ESET experts will be presenting this issue at ESET's stand (Hall 5, booth B05).idc

"63% of the confirmed data breaches attributed to stolen or "broken" passwords, which demonstrates the importance of an additional or alternative authentication factor ... Anonymization of data is the one choice, encryption is or another. Both have advantages and disadvantages. Anonymity is good, but it can not "prevail" in the case of correlation from multiple sources. Encryption solves this issue, but - at least until recently - it is considered too complex and expensive for most small and medium-sized businesses, says Mark Child, Research Manager of IDC, in the report. "Customer and partner protection is a matter of the utmost importance to ensure the continued success and survival of any business entity. However, companies are now increasingly aware of the business value of their data and recognize the extension of the regulatory framework to be respected and the penalties imposed in the event of non-compliance " Child adds.

Nevertheless, the pioneering EU legislation is not fully understood by businesses. Of the companies that are aware of the Privacy Policy, 20% claims to have already complied, 59% reports that it is trying to drive in this direction, and 21% indicates that it is not at all ready. IDC conducted its research among IT professionals in more than 700 businesses in the Czech Republic, Germany, Italy, the Netherlands, Slovakia, Spain and the United Kingdom during the 4 quarter of 2016.

Another interesting finding of IDC is how European small and medium-sized businesses are approaching encryption. «Many organizations recognize that existing software antimalware they are inadequate for the current threat environment, and half of the respondents have reported this as the most important field to add or upgrade, says Child's IDC. Encryption, referred to in the Privacy Policy, is requested for 36% of respondents.

"ESET is one of the companies involved in encryption early with the encryption solution DESlock and offers guarantees to businesses to meet EU requirements ", says Pavol Balaj, Head of Business Development in EMEA at ESET, speaking at the Mobile World Congress.

For more information about the Privacy Policy, and how ESET helps businesses prepare for it, interested parties can read the relevant whitepaper and visit the special page.

Security solutions that organizations use or want

Source: IDC 2015.

What do you know about the Privacy Policy?

Source: IDC 2015.

LEAVE ANSWER

Please enter your comment!
Please enter your name here

SecNews
SecNewshttps://www.secnews.gr
In a world without fences and walls, who needs Gates and Windows

LIVE NEWS

Among Us: players were hit by a spam attack

InnerSloth, creator of the popular game Among Us, faced an attack that affected its players last week. More specifically, some ...
00:01:47

Data breach in a law firm exposes data of Google employees

Immigration law firm Fragomen, Del Rey, Bernsen & Loewy, LLP revealed that it suffered a data breach that led to the leakage of personal data ...

How to install a .watchface file on Apple Watch

The Apple Watch lets you customize the faces of the watch to display all kinds of useful information. But did you know ...

The five biggest data breaches of the 21st century

Data is becoming more and more sought after as our daily lives become more digitized. The technology giants that monopolize data are ...

Microsoft is limiting the availability of Windows 10 20H2

Microsoft is currently restricting the availability of Windows 10 20H2 to provide all users who want to ...

How to enable the new Chrome Read more feature

The latest version of Google Chrome browser, v86, released earlier this month, contains a secret feature called Read ...

How to choose a custom color for the Start menu

Starting with the October 2020 update, Windows 10 is the default on a theme that removes bright colors from ...

NASA telescope discovers drinking water on the moon

Eleven years ago, a spacecraft changed our view of the moon forever. The data collected by ...

Microsoft: Enhances password spray attack detection capabilities

Microsoft has significantly improved the ability to detect password spray attacks in the Azure Active Directory (Azure AD) and has reached the point ...

How to prevent companies from finding our phone number

In the age of advertising, the more user information is known the more convenient it is for companies. And in particular, the ...