The 2008 Computer Security Institute's Crime and Security Survey asked respondents:
"What do you think will be the most critical computer security issue(s) your organization will face over the next two years?"
One of the top three concerns was "protecting customer data".
Specifically related to data loss:
"...and in many cases significant insider crimes, such as leaking customer data, may not be detected by the victimized organization and no direct costs may be associated with the theft". Further the survey states that "dealing with loss of either proprietary information or loss of customer and employee confidential data averaged at approximately $241,000 and $268,000 respectively" for average costs.
The 2009 Ponemon Annual Study on Enterprise Encryption Trends stated that:
"Data Breaches continue to be a huge problem...eighty-five percent...had had at least 1 data breach in the last 12 months...there is no let up in breaches...companies suffering more than 5 data breaches rose to 22 percent...up from 13 percent in 2008."
Regardless of your industry, intellectual property and other sensitive information needs to be protected. Many forms of electronic communication leaving the network go uncontrolled. If this data is sensitive in nature and exposed with negative ramifications, think of the impact on:
- Customer Retention
- Brand
- Doing business with partners
- Shareholder value
In the United States, 35 states have mandates that companies who have suffered data loss notify individuals that their personally identifiable information has been breached.
Palisade Systems understands the importance of providing visibility and control into the movement of sensitive electronic information. Within minutes of being installed PacketSure™ will identify sensitive electronic data leaving through any communication channel. The dynamic forensic-style reports present the sensitive data, sender, recipient, and connection details so organizations can take action. Organizations can block, quarantine, or re-route emails to encryption to prevent the loss of this sensitive data.
Free Secure Assessment
Palisade Systems provides a free five-day Secure Assessment to help organizations identify and quantify the amount of your organization's sensitive data that is currently being lost. The assessment can identify applications, users, and protocols at the source, to give you the information you need to remediate the loss. Contact Palisade Systems today to request your free Secure Assessment.