THE RISKS
DATA PRIVACY KNOWLEDGE AND CAPABILITY
Denition:
Percentage who gave a rating of 6 or 7 on a scale of 1 to 7
The growing list of regulations from jurisdictions around the world is making Data Privacy increasingly complex and dynamic. This risk examines how organizations protect sensitive data in their care and ensure compliance to all applicable laws and regulations.
Analysis: Despite having lower personal knowledge and lower perceptions of organizational relevance of this increasingly regulated risk, members of the C-suite have a higher perception of organizational capability than do either board membersorCEs.
RISK STAGE
Quotes: “It’s critical to have procedures in place to analyze, collect, and store data that are common practices throughout the organization.” –CAE, Government “I hear a ton about data privacy compared to 10 years ago, and I think it will grow in importance.” –C-suite, Healthcare
Develop-NewtoOnRisk
RISK RELEVANCE Percentage who gave a rating of 6 or 7 on a scale of 1 to 7 – Data Privacy
70%
77%
C-suite Board CAE
www.theiia.org 33
