Ultimately, responsible handling of data is not about avoiding fines: it is about safeguarding reputation. You can put a price tag on non-compliance with the GDPR, but what price loss of shareholder and customer confidence?
Unsurprisingly, online security breaches can severely undermine the trust that a consumer places in a brand, with over 76 percent of UK consumers stating that they have a more negative opinion of a brand following a security breach.
2015 saw businesses worldwide face a formidable challenge when it comes to data security. As a result, companies are quickly realising the risk of cyber-attacks is becoming more and more likely Tim Critchley explains.