Survey: Companies Not Following Data Security Policies

Companies are not following simple data security procedures in seven high-risk scenarios, according to new research announced recently by the Ponemon Institute, a privacy and information management research firm. The report, Data Security Policies Are Not Enforced, was sponsored by RedCannon Security, a trusted provider of centrally managed, secure mobile-access solutions for the enterprise.

According to the study, 39 percent of employees surveyed said they have lost a PDA, cellular phone, USB memory stick, zip drive or laptop computer that contained sensitive or confidential business information, while, 56 percent believe their employer would never be able to determine the type of data contained on a lost device.

"Privacy and data protection policies are meaningless if they do not address the full spectrum of threats and if they are not enforced, and our research points to an urgent need to address this pervasive vulnerability in corporate data security programs," said Dr. Larry Ponemon, chairman and founder, Ponemon Institute. "The development of comprehensive policies, along with training and stringent enforcement of those policies should be a priority in any enterprise-wide data security program."

Data Security Policies Are Not Enforced highlights: risks associated with the storage and transportation of confidential information, policies regarding lost portable devices, the lack of enforcement of existing policies concerning data security, and employees' lack of awareness about such policies. Only 10 percent of those surveyed said their organization has a policy to deal with the loss of a portable storage device containing sensitive information.

With today's technology, data is more portable than ever before. E-Mail, smartphones, MP3 players and USB memory sticks are all examples of the many ways data can be transported and viewed away from computers, creating big challenges for IT professionals trying to secure confidential and personal information. Derived from a survey of 893 IT professionals, the Data Security Policies Are Not Enforced reveals a number of key findings in reference to this problem, including:

                                              Evidence of non-compliance
                                              with a company's data security
  Seven survey scenarios  Experience rates    policy

  1. Copying confidential 51 percent do it.   87 percent believe that company's
  information onto USB                        policy forbids it.
  memory stick.

  2. Accessing Web-based  45 percent do it.   74 percent state there is no stated
  e-mail accounts from                        policy that forbids it.
  workplace computer.

  3. Losing a portable    39 percent          72 percent did not report lost or
  data-bearing device.    lost or misplaced   missing device immediately.
                          a portable
                          data-bearing
                          device.

  4. Downloading personal 45 percent do it.   60 percent state there is no stated
  software onto company                       policy that forbids it.
  assigned computer.

  5. Sending workplace    33 percent do it.   48 percent state they are unsure
  documents to home                           whether this violates policy.
  computer as an
  attachment in e-mail.

  6. Turning off security 17 percent do it.    80 percent are unsure whether this
  settings or firewall                         violates policy.
  on workplace computer.

  7. Sharing passwords    46 percent do it.    67 percent believe that company's
  with coworkers.                              policy forbids it.

"Data breaches remain the leading cause of financial losses in business, with more than 75 percent of Fortune 1000 companies falling victim to data leakage, and this is not going to change without improvements in the enforcement of data security policies," said Vimal Vaidya, founder and CEO at RedCannon. "This study clearly indicates key data management practices that have a serious impact on data security and regulatory compliance, and highlights ways organizations can bolster policy enforcement and reduce the risks of potential data loss."

The study offers insights into the challenges facing IT professionals trying to secure confidential data. It identifies problems with the current rules in effect at the workplace, as well as the problems with enforcement of those rules. Most importantly, it shows employee naivete towards this problem, with most staff members unaware of the rules in place, or uncaring due to lack of obvious consequences. The survey offers information on what is the most frequently lost portable storage device, the numbers of employees downloading personal software onto work computers, and statistics concerning how many portable devices that were lost had unprotected data on them, among other similarly invaluable information.

Featured

  • Maximizing Your Security Budget This Year

    7 Ways You Can Secure a High-Traffic Commercial Security Gate  

    Your commercial security gate is one of your most powerful tools to keep thieves off your property. Without a security gate, your commercial perimeter security plan is all for nothing. Read Now

  • Surveillance Cameras Provide Peace of Mind for New Florida Homeowners

    Managing a large estate is never easy. Tack on 2 acres of property and keeping track of the comings and goings of family and visitors becomes nearly impossible. Needless to say, the new owner of a $10 million spec home in Florida was eager for a simple way to monitor and manage his 15,000-square-foot residence, 2,800-square-foot clubhouse and expansive outdoor areas. Read Now

  • Survey: 72% of CISOs Are Concerned Generative AI Solutions Could Result In Security Breach

    Metomic recently released its “2024 CISO Survey: Insights from the Security Leaders Keeping Critical Business Data Safe.” Metomic surveyed more than 400 Chief Information Security Officers (CISOs) from the U.S. and UK to gain deeper insights on the state of data security. The report includes survey findings on various cybersecurity issues, including security leaders’ top priorities and challenges, SaaS app usage across their organization, and biggest concerns with implementing generative AI solutions. Read Now

  • New Research Shows a Continuing Increase in Ransomware Victims

    GuidePoint Security recently announced the release of GuidePoint Research and Intelligence Team’s (GRIT) Q1 2024 Ransomware Report. In addition to revealing a nearly 20% year-over-year increase in the number of ransomware victims, the GRIT Q1 2024 Ransomware Report observes major shifts in the behavioral patterns of ransomware groups following law enforcement activity – including the continued targeting of previously “off-limits” organizations and industries, such as emergency hospitals. Read Now

Featured Cybersecurity

Webinars

New Products

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file. 3

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening. 3

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.” 3