Compliance will cost you – but non compliance will cost you more.

Violating regulations on data governance, storage, and usage – and failing to answer requests can result in severe financial consequences.1

GDPR Fine

The Data Protection Officer – your new hottest hire

The DPO’s job is to ensure the compliance of your data controllers and processors. But they won’t be directly involved in the process of building your compliance capability and culture. That will be a job for other senior team members.

Breaches mean direct damage to brand equity and share price.

32

32% of companies report losing data in breaches 2

 

 

 

25

 

25% of companies report having experienced an attack 3

 

 

The average company will experience around 100 cyber-attacks in a year 4100 Cyber Attacks

You’ve probably experienced multiple breaches without even realising it.

Your security teams will need to have dependable loss prevention policies, Secure Internet Gateways, password management plans, and other protocols in place to best safeguard the company.

Not having the right people and partners in place means trouble

Only 5% of FTSE companies currently have cyber security expertise at board level.5

Companies are increasingly conscious of the need to fill this gap –according to IDG, only 60% of UK businesses believe they currently have the people and processes they need to be compliant with GDPR.6 That means an already scarce talent pool is rapidly evaporating.

External sources

Thank you to all of the external sources below in helping to put this research together


  1. GDPR Article 83, Paragraph 4
  2. Aberdeen Group research, SaaS Data Loss: The problem you didn’t know you had.
  3. Accenture Security Technology Vision 2016
  4. Sixth annual Databarracks Data Health Check Report
  5. Accenture Security Tech Vision 2016
  6. IDG Connect Mixed state of readiness for new cyber security regulations in Europe