Page 24 - AeM_June_2019

BEST PRACTICES & STRATEGIES

Who takes responsibility for data security?

The willingness to share data depends for most According to Dimension Data, business leaders are
consumers on many different aspects: for example, they prioritizing cybersecurity as a boardroom issue and
want to know what type of data they should provide and making strategic investments to boost their security
how they should be stored. The reasons for data profile. However, overall, current ambitions still outpace
disclosure, whether data sharing with third parties takes cyber-preparedness, the firm revealed, stating:
place, or the possibility of deletion of data at any time is
also of interest. Overall, cybersecurity maturity is generally lacking. The
current global benchmark across all sectors is 1.45 out
The re-use of personal data by companies is often of 5.
supported by consumers if they receive more
appropriate services and products or allow government Interestingly, increased attack volumes correlate with
institutions to use them when their data is shared to an organization’s willingness to make strategic
make public services more efficient. When asked about investments to improve their cybersecurity defenses.
the responsibility for personal data security, many see And, ambitions significantly outpace preparedness,
themselves as having a duty, but also government which means there’s much work to be done to drive a
institutions, brand companies or a combination of all.
robust security posture, in many sectors.
The fact is that, in principle, the perception of privacy The finance and the technology sectors are the most
has changed due to the Internet and social media. Many cybermature, Dimension Data says, however they were
consumers think that more information about them is
available on the social networks than they would like and the most attacked, each representing 17% of all
that's why trust and transparency have the highest attacks, and feature in the top five risks for every
priority for them, and companies and organizations region. ◊
should respect that. By MediaBUZZ

24 June 2019 - Cyber-security & Data Protection