Security News > 2020 > July > Organizations with poor privacy practices 80% more likely to suffer data breach

Companies with inadequate data privacy practices are 80 percent more likely to suffer a data breach than those with the highest-ranked privacy practices and will face fines seven times larger than companies with the best scores in the event of a data breach.

Privacy issues Companies with the lowest privacy scores lost 600% more records than high-scoring companies.

The worst privacy actors are the least likely to be able to retrospectively identify the root cause of a breach.

"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."

Many companies are lagging behind current data privacy requirements.

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