Security News > 2020 > July > Data crisis: Companies pivot from disruption to transformation

"Our study reinforces that organizations who act quickly and decisively on their data strategies - or Data Leaders - will recover from the global crisis better and even accelerate their success," said Greg Betz, Senior Vice President, Data Intelligence and Automation, NTT DATA Services.

Data crisis: Organizations struggle to use data for transformation.

More than eight out of 10 respondents say they can act swiftly if there is a data privacy breach; however, as with other sectors, when they attempt to derive value from their data, manufacturers struggle with data silos, and they lack the necessary skills and talent to analyze their data.

The public sector has the highest number of data laggards at 37%. Like other sectors, lack of data talent and skills is one of the public sector's biggest barriers when attempting to understand and derive value from data.

Insurance companies are among the most likely to report they're aware and fully prepared for new data regulations and have clear processes in place for securely using their data.

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