Intelligent Data Centres Issue 05 | Page 14

LATEST INTELLIGENCE MAXIMIZING THE VALUE OF YOUR DATA PRIVACY INVESTMENTS DATA PRIVACY BENCHMARK STUDY PRESENTED BY Executive Summary Most organizations have invested, and continue to invest, in people, processes, technology, and policies to meet customer privacy requirements and avoid significant fines and other penalties. In addition, data breaches continue to expose the personal information of millions of people, and organizations are concerned about the products they buy, services they use, people they employ, and with whom they partner and do business with generally. DOWNLOAD WHITEPAPERS AT: WWW.INTELLIGENTCIO.COM/ME/ WHITEPAPERS 14 Issue 05 As a result, customers are asking more questions during the buying cycle about how their data is captured, used, transferred, shared, stored, and destroyed. In last year’s study (Cisco 2018 Privacy Maturity Benchmark Study), Cisco introduced data and insights regarding how these privacy concerns were negatively impacting the buying cycle and timelines. This year’s research updates those findings and explores the benefits associated with privacy investment. Cisco’s Data Privacy Benchmark Study utilizes data from Cisco’s Annual Cybersecurity Benchmark Study, a double-blind survey completed by more than 3200 security professionals in 18 countries and across all major industries and geographic regions. Many of the privacy specific questions were addressed to more than 2900 respondents who were familiar with the privacy processes at their organizations. Participants were asked about their readiness for GDPR, any delays in the sales cycle due to customer data privacy concerns, losses from data breaches, and their current practices related to maximizing the value of their data. ◊ www.intelligentdatacentres.com