Gartner Predicts for the Future of Privacy 2019
 

After decades of complacency, the tide is finally turning against the unchecked personal data collection and strong regulations like Europe’s General Data Protection Regulation (GDPR) are surfacing to combat big tech firms.

 

As multiple countries implement their own privacy laws, inspired by GDPR, Bart Willemsen, Senior Director Analyst, Gartner says, “These privacy requirements dramatically impact an organization’s strategy, purpose and methods for processing personal data.”

 

Gartner brings a set of predictions related to privacy for the security and risk management leaders, including CISOs and privacy professionals in 2019:

By 2020, the backup and archiving of personal data will represent the largest area of privacy risk for 70% of organizations, up from 10% in 2018.

Organizations continue to hold backups of large volumes of personal data that is highly vulnerable to attacks. The new privacy regulations mandate stiff fines for organizations that don’t revise data retention policies to reduce the overall data held and eventual data breaches. 

By 2022, 75% of public blockchains will suffer “privacy poisoning” — inserted personal data that renders the blockchain noncompliant with privacy laws.

Organizations need to walk a fine line between implementing the blockchain technology in the public domain and using customers’ private data. Organizations that implement blockchain systems without managing privacy issues will run the risk of storing personal data that can’t be deleted without compromising chain integrity. 

By 2023, over 25% of GDPR-driven proof-of-consent implementations will involve blockchain technology, up from less than 2% in 2018.

GDPR guidelines are strict and businesses are increasingly struggling with integration costs and technologies that can help speed up compliance.

 

Get more insights on how to overcome these roadblocks to deployment at Gartner Security & Risk Management Summit 2019 from August 26-27 in Mumbai.

Sign up for information on the agenda, announcements and more! 
Thank You, Please add the domain @gartner.com to your safe sender list to ensure receipt of future email.
Thanks for the subscription.
Error occurred in submitting the form. Please try again!
Error occurred in submitting the form. Please try again!
Thank You, Please check your inbox to confirm your subscription and add the domain @gartner.com to your safe sender list to ensure receipt of future email.

Learn firsthand what you can achieve.