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White Paper: The Osano Data Privacy and Data Breach Link

Osano is pleased to share the results of our groundbreaking research. We analyzed the relationship between a company’s privacy practices and their likelihood of experiencing a data breach. The Osano Data Privacy and Data Breach Link reveals a predictive relationship between responsible privacy practices and security outcomes. 

Download the White Paper

The comprehensive study highlights the following facts: 

  • Approximately 2.77% of companies reported a data breach over the past fifteen years. 
  • Companies with the least rigorous privacy practices are nearly twice as likely to suffer a data breach than companies with excellent data stewardship.
  • The average company shares its data with 730 different vendors and third-party vendors. Third parties were responsible for two out of every three data breaches. 
  • Companies with the least rigorous privacy practices lose seven times the number of data records when they are breached. 
  • Hacker attacks were responsible for the highest number of data breaches and hacker-caused data breaches inflicted the most severe losses. 
  • Companies in financial industries were far more likely to experience data breaches caused by inside jobs. 
  • Nearly 30% of government and educational organizations with “.gov” and “.edu” top-level domains experienced a data breach.

The correlations between data breaches and Osano Privacy Scores stem from many causes including willful ignorance, oversight of privacy best practices that increase risk exposure, and company culture around responsible data stewardship. Another key link between data breaches and privacy practices is third party vendors. The average company shares its data with 730 different vendors, and according to the Internal Auditors Research Foundation, third parties were responsible for two out of every three data breaches.

Many companies are lagging behind current data privacy requirements. By prioritizing best-in-class privacy practices, companies can reduce the risk of security incidents and demonstrate their trustworthiness to customers.

After a thorough examination of the privacy practices from more than 11,000 companies and organizations, Osano identified three key trends for 2020: 

  • Increasing complexity of vendor policy changes and notifications
  • Growing public concern about data privacy
  • Increasing legislative activity addressing data security

 

To download the white paper, fill out the form below.
The white paper will be delivered to your email address.

What's New at Osano

Introducing Osano Privacy Legal Templates

Now, with Osano Privacy Legal Templates you can get started faster by leveraging templates generated by our global team of privacy experts.

Learn more

Introducing DSAR email intake

Capture data subject rights requests with the convenience of email and the efficiency of a dedicated intake form.

Learn more

New reworked DSAR and discovery

We've reworked and redesigned Osano Subject Rights Management and Data Discovery, unifying them into a single, seamless experience and creating automation to save you time.

Learn more

Stay GDPR compliant under new French ruling

Privacy regulators at the CNIL in France recently declared that Google Analytics violates GDPR. Osano’s new block list feature can disable Google Analytics in France to keep you compliant while allowing you to use Google Analytics in regions where it is still legal.

LEARN MORE

New in May 2022: DSAR conditional fields, 28 new integrations, and more!

Customize DSAR forms with conditional fields, serve consent banners in additional languages, use 28 new integrations for Data Discovery, and more! Check out our latest product announcement blog for demos, links, and more information.

LEARN WHAT’S NEW IN MAY

View more product updates

Osano product & engineering teams have been hard at work. View the full list of all product updates.

View Product Updates