Data Security - Research Findings
Data security consistently tops the laundry list of security priorities because it must. Organisations are collecting data, creating data, using data, and storing data in some way or another. Mishandle data or disregard privacy, and you’ve got a public relations fiasco on your hands with the potential to disrupt business operations or hurt the bottom line. Here is research report and findings from Forrester Analysis
Key findings include:
- Data security is a top priority and commands a sizable chunk of budget. A majority of organisations (91 percent) cite data security as a critical or high priority and allocate, on average, 16 percent of security technology budget to this area. Hot focus areas include database vulnerability assessment, monitoring, and auditing, with 24 percent of firms planning to invest here, and data leak prevention (DLP), with 22 percent of firms planning investments in this area.
- Consumerisation fuels data security concerns, but protection is lacking. Data loss and protection are top mobile security concerns. Most firms have policies to address consumerisation (85 percent have a smartphone security policy, and 76 percent have a tablet security policy), but enforcement tools are lacking. Despite high concerns, many firms are either doing nothing for mobile data protection (23 percent) or only implementing baseline device security policies (38 percent) like password entry and remote lock and wipe.
- Privacy responsibilities go beyond the security group. Data security is primarily a security group responsibility. Privacy responsibility cuts across various business units and groups, and privacy officers and third-party privacy support are also called in to help. Privacy professionals surveyed by the IAPP tell us that top drivers for funding privacy include meeting compliance (54 percent) and reducing risk of data breach notification and publicised data breaches (50 percent).