One in Four Organizations Experienced Data Loss in Past Two Years
Customer, student, employee and patient information is most at risk for cyber
attacks today, and defending that data is a top concern for IT professionals
this year.
Concern about data loss is well founded: One in four organizations has experienced a data loss in the last two years. Many organizations report breaches jeopardizing their network, email or other sensitive information, which examines data security concerns across industries, including medium and large businesses, financial services and healthcare organizations and higher education institutions.
One IT professional at a financial services company noted: "Security is harder every day due to the ease with which personal information is gained."
Data loss comes at a cost: A Ponemon Institute study published in March found that organizations suffering a data loss in 2011 paid an average of $5.5 million per breach, which translates into an average of $194 per record lost.
The survey shows that the number of people accessing business networks increased by an average of 41% during the last two years. Inadequate security policies contribute to security challenges: While most organizations allow employees to access their networks with personal mobile devices, security policies for employee-owned devices are often less strict than for employer-owned devices. Twenty-seven% of IT professionals said they do not have security policies for employee-owned mobile devices.
Organizations that give their data security an "A" grade layer nearly all available data loss prevention measures, including encrypted storage, backup and email gateway; endpoint data loss prevention and security solutions; full-disk encryption; and Web security filters. Organizations with "A" security are also more likely than others to require employee-owned mobile devices to comply with defined security procedures before they are granted network access.
Data loss prevention solutions help to protect personal, financial and research and development data, and they also flag any data being handled in a way that deviates from established security policies.
Concern about data loss is well founded: One in four organizations has experienced a data loss in the last two years. Many organizations report breaches jeopardizing their network, email or other sensitive information, which examines data security concerns across industries, including medium and large businesses, financial services and healthcare organizations and higher education institutions.
One IT professional at a financial services company noted: "Security is harder every day due to the ease with which personal information is gained."
Data loss comes at a cost: A Ponemon Institute study published in March found that organizations suffering a data loss in 2011 paid an average of $5.5 million per breach, which translates into an average of $194 per record lost.
The survey shows that the number of people accessing business networks increased by an average of 41% during the last two years. Inadequate security policies contribute to security challenges: While most organizations allow employees to access their networks with personal mobile devices, security policies for employee-owned devices are often less strict than for employer-owned devices. Twenty-seven% of IT professionals said they do not have security policies for employee-owned mobile devices.
Organizations that give their data security an "A" grade layer nearly all available data loss prevention measures, including encrypted storage, backup and email gateway; endpoint data loss prevention and security solutions; full-disk encryption; and Web security filters. Organizations with "A" security are also more likely than others to require employee-owned mobile devices to comply with defined security procedures before they are granted network access.
Data loss prevention solutions help to protect personal, financial and research and development data, and they also flag any data being handled in a way that deviates from established security policies.
posted by BackupWorks.com, Inc. @ 4:43 PM
2 comments
2 Comments:
Data loss prevention is the need of the hour, it’s really pulling back the economy, a loss of $194 per record is just unimaginable, this is also causing a loss of secured personal information and any loss to customer database affects the sales directly as it lowers the faith. The lost data may contain details about sales, manufacturing processes, future enterprises or financial reports which are of immense importance to the company and if these data is lost even if for a limited time period affect the normal functioning of the company. Some service based industries like banking and insurance have the personal details of their customers on record. They need to provide 24 hour online service to their customers. It is very crucial for them to have their data protected properly data protection services should ensure that no personal of professional data is being lost or being processed without being informed, except for some certain cases. Data Protection helps you manage the process of protecting and recovering data on the application servers, file servers, and workstations in your network. A handful of companies like lumension.com, http://dataresolve.com/ that have come up with data protection services, and are efficiently working on enhanced data protection for past couple of years.
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