The State of European Data Security
Digital technologies are transforming European businesses, but security is not keeping up. We look at the findings from the 2019 Thales Data Threat Report – Europe Edition to find out how data security is being perceived and managed in the region
A third of European companies have suffered a breach
Across the EU, the rate of breaches at any time is more or less consistent with the rest of the world, at only one percent higher than the global average. However, there is significant variation by country. Out of the four individual countries Thales focused on, the UK and Germany had the lowest incidence of breaches, at 54%, while Sweden reported the highest, at 77%.
This is believed to be evidence that while the UK and Germany have been popular targets for some time, and so have seen improved defences, all countries are now considered “fair game” meaning Sweden and to a lesser extent The Netherlands must play catch up when it comes to cybersecurity.
Breach incident rates at any time
Threats to data security are wide-ranging
When it comes to the specific cybersecurity threats, European businesses are concerned about a wide selection of issues. However, there are some notable differences in which risk factors are perceived to be the most severe when compared to the global average.
Greatest perceived data security threats
Partners with internal access
Service provider accounts
Other IT accounts
Confidence in security is limited
While many European companies are deploying new technology as part of an ongoing drive towards digital transformation, the level of confidence in the security of these projects is notably lower than the rest of the world.
Across the EU, only 55% of companies believe their new technology deployments are very or extremely secure, compared to a global average of 66%. This number is even worse in some parts of the EU, with only the UK having a similar rate of confidence to the global average.
Security level of new technology deployments
Very / extremely secure
Not / a little secure