Security News > 2020 > October > Global adoption of data and privacy programs still maturing
A FairWarning research, based on survey results from more than 550 global privacy and data protection, IT, and compliance professionals outlines the characteristics and behaviors of advanced privacy and data protection teams.
Despite increased regulations, breaches and privacy incidents, organizations have not rapidly accelerated the advancement of their privacy programs as 44% responded they are in the early stages of adoption and 28% are in middle stages.
Respondents understand the significant benefits of a mature privacy program as organizations experience greater gains across every area measured including: increased employee privacy awareness, mitigating data breaches, greater consumer trust, reduced privacy complaints, quality and innovation, competitive advantage, and operational efficiency.
Companies with more mature privacy programs are more likely to have C-Suite privacy and security roles within their organization than those in the mid- to early-stages of privacy program development.
"As the research has demonstrated, it is imperative that security and privacy professionals recognize the importance of implementing privacy and data protection programs to not only reduce privacy complaints and data breaches, but increase operational efficiency."
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