ESET partnered with leading analytics firm IDC to investigate how small and medium-sized enterprises approach selected countries the EU General Data Protection Regulation (GDPR) and endpoint security. The results show that there is still uncertainty among European businesses about the regulation.
Almost 78% of IT decision-makers in more than 700 European companies either do not understand how the regulation will affect them or are not aware of it at all. However, over a third of companies want encryption, an issue covered by the Data Protection Regulation. These and other findings of hers researchs of IDC, held on behalf of ESET, are revealed at the Mobile World Congress in Barcelona. Until March 2, 2017, ESET experts will present this topic at the ESET stand (Hall 5, booth B05).
"63% of the confirmed data breaches attributed to stolen or "broken" passwords, γεγονός που αποδεικνύει τη σημασία ενός πρόσθετου ή εναλλακτικού παράγοντα πιστοποίησης της ταυτότητας … Η ανωνυμοποίηση των δεδομένων είναι η μία choice, encryption is or else. Both have advantages and disadvantages. Anonymization is good, but it cannot "prevail" in the case of correlation from multiple sources. Encryption solves this issue, but – at least until recently – was considered too complex and expensive for most small and medium-sized businesses.” says Mark Child, Research Manager of IDC, in the report. "Customer and partner protection is a matter of the utmost importance to ensure the continued success and survival of any business entity. However, companies are now increasingly aware of the business value of their data and recognize the extension of the regulatory framework to be respected and the penalties imposed in the event of non-compliance " Child adds.
Despite this, the pioneering legislation of the E.U. is not fully understood by businesses. Of the companies that are aware of the Personal Data Protection Regulation, 20% claim that they are already compliant, 59% report that they are trying to move in this direction, and 21% state that they are not ready at all. IDC conducted its survey of IT professionals in more than 700 companies in the Czech Republic, Germany, Italy, the Netherlands, Slovakia, Spain and the United Kingdom in duration of the 4th quarter of 2016.
Another interesting finding of IDC is how European small and medium-sized businesses are approaching encryption. «Many organizations recognize that existing software antimalware "They are insufficient for the current threat environment, and half of the respondents cited this as the most important area to add or upgrade." says Child's IDC. Encryption, referred to in the Privacy Policy, is requested for 36% of respondents.
"ESET is one of the companies involved in encryption early with the encryption solution DESlock and offers guarantees to businesses to meet EU requirements ", says Pavol Balaj, Head of Business Development in EMET of ESET, speaking at the Mobile World Congress.
For more information about the Privacy Policy, and how ESET helps businesses prepare for it, interested parties can read the relevant whitepaper and visit the special page.
Security solutions that organizations use or want
Source: IDC, 2016
What do you know about the Privacy Policy?
Source: IDC, 2016
