A new report from Gemalto claims Australian organisations may be falling short when it comes to compliance with data security regulations.
The company today released its fifth annual Data Security Confidence Index. The report is based on a global survey of 1050 IT decision makers and 10,500 consumers — including 100 Australian IT decision makers and 1000 Australian consumers.
“If businesses can’t analyse all of the data they collect, they can’t understand the value of it – and that means they won’t know how to apply the appropriate security controls to that data,” Jason Hart, vice president and CTO for data protection at Gemalto, said in a statement. “Whether it’s selling it on the dark web, manipulating it for financial gain or to damage reputations, unsecured data is a goldmine for hackers.”
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