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Indian Consumers Cautious of Data Misuse Through Technological Devices

Executives in the technology sector believe that their company's information security function is highly engaged with the organization's digital transformation agenda. 

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cyber security
"It's clear that organisations are still prioritising their bottomline ahead of consumer expectations and concerns, despite the opportunity to use effective cyber security strategy to build consumer confidence and engagement," says Akhilesh Tuteja, KPMG Global Co-Leader, Cyber Security. Pixabay

Nearly 86 per cent of the consumers in India are concerned about eavesdropping of their conversations or theft or misuse of their messages through their devices, a KPMG report said on Thursday.

According to KPMG’s “Consumer Loss Barometer” report, the focus of the organisations has to be on building trust with customers in the digital era through adequate cyber security to propel business growth.

Nearly 84 per cent of the consumers in India prefer mobile device usage over apps and cloud.

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While 51 per cent respondents in India believe that additional levels of privacy and security should be embedded within the design of new types of “connected” devices, 59 percent said that it is their own responsibility to ensure the devices you are using have been secured. Pixabay

However, more than 50 per cent of respondents have limited personal information stored on the Cloud primarily due to security and privacy concerns, the findings showed.

The report that surveyed more than 2,000 consumers and 1,800 Chief Information Security Officers (CISOs), identified a mismatch between the priorities of CISOs and consumers in the event of a breach.

“The proliferation of connected and IoT devices will have a cross-sector impact on areas around data security and privacy. In response to this, regulators will need to establish mandatory data security requirements,” said Atul Gupta, Leader-IT Advisory and Cyber Security Leader, KPMG in India.

Executives in the technology sector believe that their company’s information security function is highly engaged with the organization’s digital transformation agenda.

However, only 33 percent of the executives in the automotive sector believed so. A sizeable minority said executives were infrequently briefed on cyber security, with only one per cent of the total number of executives briefed on a monthly basis.

“Security leaders prioritise financial loss (60 per cent), costs of business disruption, recovery, and remediation (51 per cent) and reputational risk (31 per cent) over the impact relationship with consumers (21 per cent),” the report added.

cyber security
According to KPMG’s “Consumer Loss Barometer” report, the focus of the organisations has to be on building trust with customers in the digital era through adequate cyber security to propel business growth.  Pixabay

While 51 per cent respondents in India believe that additional levels of privacy and security should be embedded within the design of new types of “connected” devices, 59 percent said that it is their own responsibility to ensure the devices you are using have been secured.

Also Read: WhatsApp Designs Its Business Communication App for Apple Users

Around 87 percent of the consumers are concerned that retailers will misuse or improperly distribute their information.

“It’s clear that organisations are still prioritising their bottomline ahead of consumer expectations and concerns, despite the opportunity to use effective cyber security strategy to build consumer confidence and engagement,” says Akhilesh Tuteja, KPMG Global Co-Leader, Cyber Security. (IANS)

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People in India Get the Best Good Night’s Sleep: Survey

Sleep quality, patterns, and duration may vary among countries, but one thing’s clear – people still aren’t getting enough sleep, it noted

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sleeping

When it comes to quality sleep, India has astonishingly come on top — followed by Saudi Arabia and China — among the most restful populations where people get the best good night’s sleep.

The survey, conducted online by global market research firm KJT Group on behalf of Philips among 11,006 adults ages 18 and older in 12 countries, found that roughly 62 per cent of adults worldwide feel that they don’t sleep well when they go to bed.

The worst on the chart is South Korea, followed by Japan for poor sleep habits.

On average, adults globally sleep only 6.8 hours per night during the week and 7.8 hours per weekend night.

Rather than getting the recommended eight hours each night, more than six in 10 adults sleep longer hours on the weekend to catch up on sleep (63 per cent), the findings showed.

More than 4 in 10 adults say their sleep has gotten worse in the past 5 years, compared to only 26 per cent who said their sleep has gotten better and 31 per cent of adults saying their sleep hasn’t changed.

Canada (63 per cent) and Singapore (61 per cent) are the two countries with the highest reports of worry/stress impacting their sleep, said the “Philips Global Sleep Survey” 2019.

Lifestyle factors are crucial determinants when it comes to an individual’s sleep. The top five reasons around the world were worry/stress (54 per cent), the sleep environment (40 per cent), work or school schedule (37 per cent), entertainment (36 per cent) and a health condition (32 per cent).

Sleep, Mental Health, Students
Insufficient sleep is associated with a wide range of mental health issues. Pixabay

Sleep is finally being recognized as a key contributor to an individual’s overall health and wellbeing.

Losing just one or two hours of sleep per night can have the same impact on motor and cognitive functions as going without sleep for a full day or two.

“However, adults across the globe deal with various health and lifestyle factors that can stand in the way of them getting the best night’s sleep,” said the survey.

Among those who live with a spouse or partner, 35 per cent of women either only occasionally, frequently or never sleep in the same bed as their partner who snores.

Six in 10 global adults experience daytime sleepiness at least twice per week.

Also Read: Elon Musk Relaunches Tesla Solar Panel Business

Nearly 67 per cent of global adults reported they typically wake up at least once during the night.

Adults in India (36 per cent) and the US (30 per cent) were the most likely to sleep with a pet in their bed, said the survey.

Sleep quality, patterns, and duration may vary among countries, but one thing’s clear – people still aren’t getting enough sleep, it noted. (IANS)