2021 data privacy benchmark Research Report From Cisco

The following is the 2021 data privacy benchmark Research Report From Cisco recommended by recordtrend.com. And this article belongs to the classification: research report, network security.

Novel coronavirus pneumonia was suddenly caught in the confusion and uncertainty of the outbreak. At the same time, people move most of their lives online, a trend that used to take years to achieve.

With the great changes in human interaction and digital participation, enterprises are facing challenges from data privacy. They need to abide by the law, stop the spread of the epidemic and respect individual rights. Consumers and the public are increasingly concerned about how their personal data will be used.

The report also includes the following important findings:

● 60% of businesses said they were not prepared for the privacy and security requirements involved in moving to remote work.

● 93% of businesses turn to their privacy teams to address these challenges.

● 87% of consumers are concerned about the privacy protection of tools required for remote work, interaction and connection.

● at present, 90% of enterprises report privacy indicators to their top management and board of directors.

● at present, more than 140 jurisdictions have adopted comprehensive privacy laws, and nearly 80% of respondents believe that these laws have a positive impact.

● 57% of respondents supported employers using data to achieve workplace safety, while less than half supported location tracking, contact tracking, disclosure of infected person information and research using personal information.

● as the economy and communities begin to recover, many important challenges will arise. These challenges will test how governments, enterprises and individuals collect, manage and protect personal data, taking into account the balance between individual rights and public interests.

● 90% of global enterprises say that external privacy certification is an important factor affecting their procurement decisions. 89% of Chinese enterprises surveyed made the same choice, which is consistent with global enterprises.

● global companies spend $2.4 million on privacy protection, while enterprises in the Asia Pacific region spend an average of $2.3 million. Chinese companies invested the most in privacy protection, with an average expenditure of $3 million.

● more than one-third of enterprises earn twice as much as their investment. The report shows that, on average, enterprises in the Asia Pacific region can obtain 1.9 times the income of their investment, and Chinese enterprises can obtain 1.7 times the income of their investment.

● through privacy protection investment, enterprises in the Asia Pacific region are expected to earn US $2.9 million, while Chinese enterprises may earn US $3.7 million.

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