A recent Forrester survey of 305 security and email professionals revealed
some scary but realistic statistics:
1 in 3 companies investigated a breach of confidential data last year.
1 in 4 companies experienced an “embarrassing” leak of confidential
information.
1 in 5 emails contains a legal, financial or regulatory risk.
If you are like most corporations, you are finding yourself in the midst
of an information explosion. Sensitive data is no longer controlled under lock
and key in datacenters or file cabinets. Sensitive data is everywhere. This
article discusses five helpful tips that will change the way you think about
your company’s competitive advantage and help you prevent the next data
leak that could put your company out of business.
1. Recognize that Your Most Valuable Assets Aren’t Locked in a Safe.
Whether you are in the banking or transportation industry, your corporation
is fueled by the sensitive data. The Brookings Institute estimates that 80%
of a company's intellectual property is no longer represented as tangible consumer
products, but as intangible, digital assets like:
Research and development data (source code, drug formulas, and engineering
diagrams).
Customer private data (credit card numbers, social security numbers, and
bank account data)
Marketing strategies
Sales forecasting data
Client lists
Merger and acquisition plans
Research and analyst reports
Spreadsheets and tables that calculate valuable business data
In today's global economy, this data is transferred across the enterprise,
between departments, partners, contractors and overseas outsourcers. That means
your sensitive data – worth hundreds of millions of dollars – is everywhere.
This valuable data is no longer controlled under lock and key in a datacenter
or in file cabinets. This data is stored on laptops, fileservers, databases,
workstations and USB drives. This information explosion is changing the way
corporations must now view and protect their assets. Instead of investing in
old network security technologies like firewalls, companies are investing in
Data Loss Prevention (DLP) technologies that will keep "tabs" on where
sensitive data is going, who is using it, where it is being saved, and whether
or not it is being protected or used appropriately.
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