Man and Woman Speaking

Data Protection Report

Financial Services

Nearly half of all financial services firms believe a data breach is likely to hit their company. 

The 2019 DPR confirms that human error is the primary cause of a breach, meaning that employee training must become a priority for financial services and accounting firms across the US. If training is left unaddressed, these organizations may have to suffer the consequences.

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Learn more about how American businesses can protect their organization from information security threats.

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Given a data breach is likely to occur, financial services firms are not prepared. This lack of training leaves them at risk. 


of financial professionals said they have only train their employees once on information security procedures or policies


of financial professionals said they have never trained their employees on how to identify common cyber-attacks


of financial professionals said they have never trained train their employees on information security procedures or policies


of financial professionals said they have only trained their employees once on how to identify common cyber-attacks

Read our Executive Summary for a sneak peek of the Shred-it Data Protection Report.

Learn more about the information security trends in other industries.







This year, Shred-it studied several groups to best understand the information security perceptions and behaviours across a broad spectrum of audiences.

C-Suites & SBOs

Find out how leaders of both small and large businesses feel about information security practices in their business.

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Employees/ Employers

Learn more about the differences between employees and employers when it comes to data protection.

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Discover how the general public reacts to corporate data breaches and how it impacts their daily lives.

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About the Data Protection Study & Report
In its 9th year, this survey identifies the insights, opinions and best practices of data protection among Small Business Owners (SBOs), C-Suite Executives (C-Suites) and members of the public at large from across the country to help Americans better navigate this changing privacy landscape. The goal is to uncover – and quantify – both the risks and opportunities American businesses and consumers face, including the upsides and downsides of mishandling data and/or being breached. While the previous reports were branded as the Shred-it State of the Industry Report, this year it has been renamed to the Shred-it Data Protection Report – a name that more closely reflects the focus of the report and the value of the intelligence it provides.

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