Data Breach Resolution Accelerates for RadarFirst Customers

Portland, OR, 4/02/24 – RadarFirst, the SaaS leader in automating intelligent decisions, released the 2024 Privacy Incident Management Benchmarking Report, revealing the latest trends and insights in data breach resolution. The report showcases the median time to resolution continues to decrease when organizations adopt Radar^® Privacy, with customers now averaging 21.5 days per incident. This highlights the efficient and effective incident management processes implemented by RadarFirst customers, setting a new standard for data breach response.

“Privacy incidents are a growing concern for organizations of all sizes and industries. With the constantly evolving regulatory landscape and the increasing costs associated with data breaches, maintaining customer trust depends on how effectively organizations protect personal information and manage privacy incidents,” said Don India, CEO of RadarFirst. “Our 2024 Privacy Incident Management Benchmarking Report provides valuable insights into the challenges faced by companies that use personal data to improve their offerings, and the benefits of having an incident management solution like Radar^® Privacy.”

“Our 2024 Privacy Incident Management Benchmarking Report provides valuable insights into the challenges faced by companies that use personal data to improve their offerings, and the benefits of having an incident management solution like Radar® Privacy.” – Don India, CEO, RadarFirst

Key findings:

• Median time to data breach resolution reaches new low at 21.5 days
• 250% increase in data breaches when incidents originate from third parties
• 93.5% of incidents are caused by human error
• 3.3x increase in large, complex privacy incidents since 2018
• 7.1% of assessed incidents were notifiable data breaches
• Intentional incidents increased across industries

About RadarFirst

RadarFirst offers SaaS solutions to simplify obligation decision-making as mandated by new and evolving privacy and compliance regulations. The patented Radar^® Privacy product is trusted by enterprises and organizations to automate privacy incident management for consistent, documented breach notification decisions. Learn more at www.radarfirst.com.

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