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Experian’s Eighth Annual Data Breach Preparedness Study

Experian’s Eighth Annual Data Breach Preparedness study is available now, and its findings show organizations struggling in a few areas that are sure to see data breach activity increase this year.

We surveyed IT and IT security, compliance, and privacy professionals in both the U.S. and the EMEA to compare the regional differences amongst organizations and their outlook around data breach preparedness.

A few themes that stuck out in the study this year were:

Data Breach Preparedness with Remote Workforce

  • 89% of organizations have data breach response plan. However, more than half (52 percent) of respondents say the plan does not include preparedness for a data breach caused by a remote workforce.

Spear Phishing and Ransomware

  • 69% of respondents had one or more spear phishing attack in the past 12 months
    • Seventy-one percent of these respondents say the negative consequences of these attacks was very significant or significant
  • 42% of respondents say their organizations had a ransomware attack with only 21 percent feeling confident in their ability to deal with them with a remote workforce
    • The average ransom was $5,462, and 62 percent of respondents say it was paid

Global Data Breaches

  • Only 35% of respondents say they are confident their organizations are able to respond to global breaches, as breaches increasingly become international in scope

Download the full study here and see how you compare to other organizations when it comes to data breach preparedness.