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March 2018

GDPR causing spending delays

The hope with GDPR was that the rush to become compliant would create a bit of a bonanza for those selling security, data management and authentication tools. There have been enough headlines about it and talk of the looming May deadline cannot have passed many people by but Cisco might have unearthed some worrying developments. far from rushing into buying fresh technology Cisco's Privacy Maturity Benchmark Study found that two thirds of those businesses quizzed were reporting sales delays because of customer data privacy concerns. Some of the public sector verticals, including health and government, are suffering the longest delays because of the stricter standards they are working towards. The Cisco study also exposed the level of losses with what the vendor termed as "privacy-immature" companies being hit the hardest. "This research demonstrates that good privacy is good for business, and organizations need to invest in data privacy governance and process to reap the benefits," said Michelle Dennedy, chief privacy officer at...

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