Click me
Transcribed

Privacy at a Breaking Point

PRIVAÇYA BREAKING POINT AT A Edelman in partnership with the Ponemon Institute conducted a global study of 6,400 corporate privacy and security executives to understand the leading drivers of privacy risk and how companies are addressing them. The analysis spans 29 countries and regions around the world, and is believed to be one of the largest studies of its kind. Privacy Incidents Cost Money, Customers, Reputation and Business Disruption LITIGATION COST $2,500 AVERAGE SETTLEMENT PER PLAINTIFF MEAN ATTORNEYS FEES -TEMPLE UNIVERSITY BEASLEY SCHOOL OF LAW CONSUMER CONCERN WILL STOP USING 3/4 AN ONLINE SHOP IF INFORMATION WAS ACCESSED of consumers WITHOUT PERMISSION <1/2 TRUST HEALTHCARE ORGANIZATIONS TO PROTECT INFO of consumers -EDELMAN DSP GROUP STUDY REGULATORY ENFORCEMENT NITED STA $22.5m OMMISSION THE FTC LEVELS FOR PRIVACY VIOLATION CAMERICA + AANON* FEDERAL PROPOSED EU LEGISLATION INCLUDE POSSIBLE FINES UP TO 2% OF ANNUAL TURNOVER MEDIA SCRUTINY GET 4 WE THE WALL STREET JOURNAL SUDSCRIBE What They Know BBC News Sport NEWS TECHNOLOGY The fcaremute enew he 27 July 2012 Last updatad at 11:19 ET B21 Share Google 'in breach' of UK data privacy agreement E VIEW THE DATABASE Optice Rene Stg the Web's New Gold Mine: Secrets Persal Deta Eped Via Biggest Skes Privacy Risk Dependent on Business Profile Companies face different levels of privacy risk based on industry, origin and size. Those operating in Europe, data intensive industries and with global footprints face much higher risk. The EPRI found the business profiles presenting the lowest and highest risk: G COMPANY WITH LOW RISK PROFILE ! COMPANY WITH HIGH RISK PROFILE Brazil Italy lm Manufacturing 99 Local lam Health A9 Global Large enterprise SMB O Collects employee O Collects health and information sensitive customer information Even High Risk Organizations Are Failing to Meet the Grade NOT TRANSPARENT ABOUT PRACTICES OVER HALF OF THE ORGANIZATIONS SURVEYED (57%) ARE NOT TRANSPARENT ABOUT WHAT THEY DO WITH PERSONAL INFORMATION COLLECTED NOT ADEQUATELY TRAINED 2 OUT OF 3 COMPANIES SURVEYED DO NOT PROACTIVELY EDUCATE EMPLOYEES ON PRIVACY AND (X) (X SECURITY ISSUES NOT ADDRESSING AT SENIOR MOST LEVELS OF MANAGEMENT APPROXIMATELY 2 OUT OF 3 COMPANIES DO NOT HAVE THE EXPERTISE AND TECHNOLOGY TO PROTECT (X) (X) PERSONAL INFORMATION ABOUT THE EDELMAN DATA SECURITY AND PRIVACY GROUP Edelman's Data Security & Privacy Group helps companies navigate the increasingly complex environment surrounding the collection, use and protection of corporate and personal data. Edelman teams help companies enhance trust and advance brand, reputation and competitiveness through communications and stakeholder engagement. FOR MORE INFORMATION, PLEASE CONTACT: [email protected] DATA SECURITYO PRIVACY GROUP Edelman SOURCES Edelman Privacy Risk Index Powered by Ponemon, published November 13, 2012 Edelman Privacy & Security: The New Drivers of Brand, Reputation and Action Global Insights 2012, published March 7, 2012 Empirical Analysis of Data Breach Litigation, Temple University Legal Studies Research Paper No. 2012-3o TES OF

Privacy at a Breaking Point

shared by EdelmanPR on Nov 13
759 views
1 shares
0 comments
The Edelman Privacy Risk Index℠ is a global study that reveals many organizations lack the business behaviors and compliance practices necessary to adequately address growing consumer and regulatory...

Publisher


Tags

edelman

Source

Unknown. Add a source

Category

Technology
Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy

For wordpress.com:

Click the code to copy
Customize size