Who's responsible for data compliance? 25% of executives don't know

A new survey sheds some light on just how little grasp U.S. organizations have on privacy and security regulations.

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According to the 2016 State of Compliance survey conducted by data management and integration provider Liaison Technologies, one-quarter of top executives are unclear who in their organization is responsible for compliance. And nearly half (47 percent) of respondents to the survey of 479 senior and C-level executives said they don't know which compliance standards apply to their organizations.

“As leaders in the compliance domain we thought it was important to share our findings on how U.S. companies perceive their regulatory obligations—and examine ways to help improve their compliance postures,” Hmong Vang, chief trust officer with Liaison, said in a statement. “What we found was rather concerning."

Among other notable findings from the survey:

  • Just 3 percent of respondents said that PCI DSS applied to their organization, a number that Liaison says is "surprisingly small" because it is a security standard that "applies to all entities that store, process or transmit cardholder data."
  • 51 percent of respondents said they believe their data is secure in the cloud, a concern that was echoed in a recent survey by CSO's parent company IDG, in which 46 percent respondents "said that they need to ensure that cloud service providers’ security meets their compliance requirements before moving ahead with deployments."
  • 85 percent of respondents said they do not feel their job security is at risk due to compliance issues. Liaison says this number shows gross underestimation of personal liability.

Register now to download the infographic from Liaison Technologies and learn more about the state of compliance.

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