Insight UK comment on PwC survey which revealed how the number of companies fined for data breaches doubled last year
PwC released a research which revealed how the number of companies fined for data breaches doubled last year as Britain’s watchdog cracked down on organisations for not protecting customer information. Rob Ashworth, UK Hosting Solutions & SMB at Insight UK, comments:
"The latest research from PwC highlights that despite repeated calls to action from industry experts, companies in the UK are still struggling to safeguard customer data, continuing to experience the devastating first-hand impact of breaches.
With the ever-increasing advancements being made in technology, the amount of data available to businesses is remarkable. Whilst this information can be used towards providing valuable insights about customers, internal operations and employees, holding data comes with great responsibility to keep it secure. The vastness of data organisations now have access to make it complex to track and store safely, yet in light of recent cyber-attacks, it is more important than ever for businesses to take every measure to protect themselves. Whilst investing in people, procedures and technologies helps organisations to become more proactive in their approach to cyber security, it is crucial for businesses to use public breaches as learning opportunities. The more organisations share when an attack has occurred, the better their stance is to defend themselves next time."