Privacy policies need revamping for cloud, location-based services, security breaches and new regulations
As a result of recent high-profile data breaches and various changes in technology, organisations are expected to revise privacy policies by the end of next year, Gartner researchers predict.
As cloud computing and location-based services proliferate, organisations are grappling with the privacy implications of having data reside outside corporate control, Gartner said in a report released on 8 August.
Privacy ‘chronically underfunded’
The steady string of data breaches that have hit practically every industry sector and organisations of all sizes, and changes in compliance regulations will also force organisations to review and revise their current privacy policies before the end of 2012, Gartner analysts said.
New threats to personal data and privacy emerged in 2010, but budgets for implementing privacy protection remained low, wrote Carsten Casper, research director at Gartner. Casper expects the budget crisis to continue throughout 2011 and 2012, with privacy programmes “chronically underfunded”.
More than half of companies will tweak the policies they already have to bring them up-to-date with new technologies and computing models, Gartner said. Data breaches ranked high on the priority list because they affect so many aspects of the business. But preparing for and following up on breaches was “straightforward”, and privacy officials should not be spending more than 10 percent of their time dealing with data breaches, according to Gartner.
“Most controls exist anyway if security management is working properly,” according to Gartner.
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Source: eweekeurope.co.uk
By: Fahmida Y Rashid
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