Data Privacy: A Business Imperative

Today, in observance of International Data Privacy Day, Cisco released its 2019 Data Privacy Benchmark Study revealing the impact and business benefits from data privacy investments.   The Study draws on responses in a double-blind survey from over 3200 privacy and security professional in 18 countries. GDPR Readiness Impact  The Study finds that organizations are benefitting from their privacy investments beyond compliance.  While only 59% of companies believe they are ready for all or most of GDPR’s requirements, those that are ready are capturing substantial business benefits such as reduced sales friction and greater data security compared to the others.   Specifically, GDPR-ready companies are experiencing shorter sales delays due to customer’s privacy concerns.  Their average delay was 3.4 weeks compared to 5.4 weeks for those that are the least ready for GDPR.

Read full news article on CloudTweaks

 


Date:

Categorie(s):