November 2009

Data Theft on the Rise

The temptation of stealing corporate data on the way out of a job has reached a fever pitch this year as the recession continued and job losses mounted, according to a new survey from data security company Cyber-Ark.

While 85 percent of respondents knew that downloading corporate info from their employer was illegal, close to one quarter of those workers said they would take the data regardless of the penalties, according to Newton, Mass.-based Cyber-Ark’s survey of 300 office workers in New York City.

Meanwhile, 41 percent of respondents have already stolen sensitive data to take with them to new jobs and 26 percent of respondents said they would pass on ill-gotten information if it would help a friend or family member snag a job in this economy.

According to Cyber-Ark’s second annual “Global Recession and its Effect on Work Ethics” survey, the recession has lead to employees feeling less loyal to their employers, leading them to access sensitive data more often than in past years.

The Business Case for Data Protection

Newly released research reveals that while C-level executives feel that good data protection efforts support organizational goals such as compliance, reputation management or customer trust, there is a lack of confidence in the ability to safeguard sensitive information. The Business Case for Data Protection, was conducted by Ponemon Institute and sponsored by Ounce Labs, an IBM Company, and it is the first study to determine what senior executives think about the value proposition of corporate data protection efforts within their organizations.

Social Media Security Policy

According to a recent CSO online survey, "just under ten percent of respondent enterprises said their social media policy was fully implemented and communicated in 2008. That jumped to 34 percent in 2009, with another third responding that they had either created or implemented a policy for social media use." The take away, according to Jack Phillips, IANS co-founder and CEO, is that social media is front and center now in organizations and the discussion is taking place not only among the security team, but within marketing, sales, human resources and even executives.  Phillips believes this is a great opportunity to develop security policy at the beginning of the social media phenomenon.  You can read the full article at #mce_temp_url#