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 Pricewaterhousecoopers (PwC) Published Results of Trust Study in the Digital World


PwC's Trust in the Digital World Survey gathered the views of 3,522 senior executives from 65 countries on the challenges and opportunities to improve and transform their company's cybersecurity over the next 12-18 months.


It was announced that 52% of the participating companies had a revenue of more than 1 billion dollars, and 25% of them had a revenue of more than 5 billion dollars. According to the research; One in four companies (27%) in the world have faced data privacy breaches in the last three years that have resulted in material damage of between $1-20 million. In North America, the rate was higher at 34% for companies surveyed, while only 14% of companies worldwide reported no data privacy breach during this time.
It has been determined that the companies participating in the research plan to increase the steps and investments in cyber security in the next year. 52% of CEOs surveyed said they would take significant initiatives to improve their companies' cyber resilience, with most CFOs focusing on cyberspace. Cyber ​​technology solutions and activities to recruit and develop the skills of cyber security employees are the focal points in this regard.
Four out of five companies surveyed (79%) agree that a comparable and consistent format is required for mandatory reporting of cyber incidents to build stakeholder trust. While three quarters (76%) agreed that more reporting to investors would be beneficial for both the company and the entire ecosystem, the same proportion agreed that governments should use the database of mandatory cyberattack notifications to develop cyber protection mechanisms for the private sector.
Source:
https://www.pwc.com.tr/tr/basin-odasi/2022-basin-bulteni/her-4-sirketten-biri-1-20-milyon-dolar-kayba-yol-acan-veri-gizliligi- infringement-karsilasti.html