Fewer than a fifth of enterprises have a notification plan in place for data breaches

With the EU's GDPR legislation coming into force in a few months, and new and potentially tougher legislation on data breaches planned in the US, a new study reveals that many enterprises are under prepared. The report from integrity assurance company Tripwire shows that less than a fifth (18 percent) say that they are fully prepared with a process in place to notify consumers in the event of a data breach. The majority (73 percent) say they are 'somewhat prepared' and would have to figure things out 'on the fly.' In addition only 77 percent of companies subject to GDPR… [Continue Reading]