Thursday, September 21, 2017

OTA Report: Security And Privacy, Enhancing Best Practices

To maximize consumer trust and brand protection, organizations need to focus their efforts in the three pillars of online safety: (1) Security, (2) Privacy, and (3) Brand Protection. Organizations looking at these areas holistically are best equipped in protecting themselves and customers from a significant incident. With the onslaught of cybercrime and hactivism, it is no longer "optional" to deploy adequate controls and implement best practices...

OTA's analysis of nearly 500 breaches reported in the first half of 2014 revealed upwards of 90% could have been avoided had simple controls and security best practices been implemented. As the dependency on outsourcing and the cloud has increased, businesses are increasingly relying on service providers to keep their data secure and abide by their privacy policies, further highlighting the need to develop comprehensive security controls and practices...

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