Posted on 15 September 2015.The spate of high-profile data breaches reported in recent years is leading to increasing public fear about organizations’ ability to prevent and detect cybercrime, according to Bit9 + Carbon Black.
Nearly three-quarters (73%) of consumers say the time it is taking businesses to realize that sensitive customer data has been lost is ‘unacceptable’ and as a result, there are grave concerns about the existence of breaches that have yet to be discovered. The concern has risen to such a degree that over four in five (81%) consumers in Britain actually fear that cybercriminals could already have stolen their personal details without anyone realizing.
Many consumers are now calling for harsher penalties for businesses that could have prevented or detected a breach sooner if they had more effective, next-generation security measures in place:
- 81% of people believe that compromised customers should be compensated by the organization holding their data
- 59% of people say that a fine should be levied on organizations, whilst 40% of those respondents said those fines should be unlimited
- 7% of people actually want individuals in the organization to be culpable for their failures, calling for security officers to face jail time.