Security News > 2020 > July > Companies with poor privacy practices are 80% more apt to suffer data breach

There's a direct correlation between a company's poor privacy practices and the likelihood of a data breach, according to a report from the data privacy platform Osano, The Osano Data Privacy and Data Breach Link.

Businesses with poor privacy practices are 80% more apt to experience a data breach.

The benchmark for privacy performance included if commerce is involved, if shares or licenses data is provided to third parties or affiliates or if a company willfully collects data on children younger than 13.

"There is a perception that privacy issues are akin to a speeding ticket-a risk worth running. Companies that don't change their perception are facing higher odds of experiencing a data breach and losing the trust they've built with their customers."

The bottom line is for companies to avoid data breaches, they need to adopt the practices of the top scorers from Osano's report and have a profound understanding that companies with insufficient policies and poor privacy protections are much more likely to experience accidental disclosures, hacking attacks, and other data-related incidents.

News URL

https://www.techrepublic.com/article/companies-with-poor-privacy-practices-are-80-more-apt-to-suffer-data-breach/#ftag=RSS56d97e7