Tag: Channel Eye

Channel Eye – Consumers will abandon insecure businesses

By Jason Hart

channeleyeCompanies that suffer from a data breach could lose more than 70 percent of their customers, according to a new survey.

Ok, the survey was carried out by Gemalto which is a security company, but it was based on questions asked to 10,000 consumers.

Gemalto Identity and Data Protection CTO Jason Hart said: “Consumers are evidently happy to relinquish the responsibility of protecting their data to business, but are expecting it to be kept secure without any effort on their part.”

“In the face of upcoming data regulations such as GDPR, it’s now up to businesses to ensure they are forcing security protocols on their customers to keep data secure. It’s no longer enough to offer these solutions as an option. These protocols must be mandatory from the start – otherwise, businesses will face not only financial consequences but also potential legal action from consumers.”

To read the full article click here.

Channel EYE – IT professionals have outdated view about security

By Jason Hart

channeleyeDespite the increasing number of data breaches and nearly 1.4 billion data records being lost or stolen in 2016 the vast majority of IT professionals still believe perimeter security is effective at keeping unauthorised users out of their networks. However, companies are under investing in technology that adequately protects their business.

Gemalto’s, Vice President and Chief Technology Officer for Data Protection Jason Hart said that it is clear that there is a divide between organizations’ perceptions of the effectiveness of perimeter security and the reality.

“By believing that their data is already secure, businesses are failing to prioritize the measures necessary to protect their data. Businesses need to be aware that hackers are after a company’s most valuable asset – data. It’s important to focus on protecting this resource, otherwise reality will inevitably bite those that fail to do so.”

…Hart said, “Investing in cybersecurity has clearly become more of a focus for businesses in the last 12 months. However, what is of concern is that so few are adequately securing the most vulnerable and crucial data they hold, or even understand where it is stored. This is standing in the way of GDPR compliance, and before long the businesses that don’t improve their cybersecurity will face severe legal, financial and reputational consequences.”

To read the full article click here.