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Brian Pennington

A blog about Cyber Security & Compliance

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Regulatory compliance

SafeNet and SafeMonk have recently produced the results of a survey titled “Cloud App Usage vs. Data Privacy”.

The survey show the attitude of people, including C-Levels, to cloud storage and data privacy, a summary of the survey  is below.

Do you frequently use cloud based applications (i.e. Banking, business applications, social media, etc.)?

  • 64% Yes
  • 25% No
  • 11% what is a cloud based application…

Do you store any personal or professional data in the cloud?

  • 55% Yes
  • 28% No
  • 14% I think so
  • 3% not sure

Are you worried at all about the security of the cloud-based applications or data stored in the cloud?

  • 55% Yes
  • 32% No
  • 15% Still trying to figure out what cloud is

Of the applications that you use, which are you most concerned about someone hacking into?

  • 52% Banking Application
  • 17% File Storing / Sharing Application
  • 14% Email
  • 9% None of the Above
  • 8% Social Media Account

What system do you use most frequently for file storage?

  • 39% Dropbox
  • 25% The drawers on my desk
  • 24% Google Drive
  • 6% Other
  • 5% Microsoft SharePoint
  • 1% Box.net

Reading the above is even more interesting when you see the next question and answers.

What system for file storage and sharing does your company ask you to use?

  • 52% Internal Network
  • 13% Google Drive
  • 12% Microsoft SharePoint
  • 12% Dropbox
  • 7% Other
  • 3% iCloud
  • 1% Box.net

When it comes to your data privacy, who are you most concerned with?

  • 46% Government
  • 22% Google
  • 22% I’m not concerned about the privacy of my data.
  • 6% Boss
  • 3% Spouse
  • 1% Mom

Does your company have a policy regarding usage of file sharing applications such as DropBox?

  • 39% No
  • 33% I don’t know
  • 28% Yes

If your company has a policy against usage of applications such as DropBox, do you use it anyway?

  • 79% Yes
  • 21% No

What types of files do you store online?

  • 50% Personal
  • 24% Professional
  • 18% Both
  • 8% None of your business

What keeps you up at night regarding your data and personal information?

  • 52% Nothing keeps me up at night. I sleep like a baby.
  • 29% It will be maliciously exploited
  • 17% The government will have visibility into my private information
  • 2% My peers will know my secrets

What this survey suggests is that cloud app usage and document storage continue to proliferate, and that organizations should re-examine antiquated attitudes towards usage of these apps across the enterprise,” said Tsion Gonen, Chief Strategy Officer, SafeNet, Inc. “It’s clear that top-level executives understand the advantages of cloud app usage, and should enable their companies to leverage these advantages by adopting contemporary security tools and practices

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Almost 50% of organizations report 10 or more significant data breaches a year

Ponemon have revealed the results of a Co3 Systems sponsored survey into Data Loss Management. Ponemon Institute polled more than 100 influencers in the privacy and data protection community across the US.

Key findings of the survey were:-

  • almost 50% of organizations experience ten or more data loss incidents annually that meet the legal criteria that require tracking and reporting
  • more than 60% of the organisations surveyed employ manual, repetitive and time intensive processes to manage these incidents across tasks like notifying customers and informing regulators

“Not only have the number of data breaches reached epidemic proportions, but organizations are hemorrhaging records at staggering volumes,” said Dr. Ponemon. “To start the response process at day zero and square one is not only a recipe for disaster, it is irresponsible business. Privacy has become a hot button issue for everyone from citizen groups to elected officials, and one can only expect protections and regulations to increase. Organizations need to evaluate ways to automate their response process, and tools like Co3 have arrived at just the right time.”

“The Ponemon survey findings, with regards to data breach response and management, highlight the very real challenges firms are grappling with,” said John Bruce, CEO at Co3 Systems. “Organizations realize that the opportunities for loss and exposure — by their own hand or through partners and connected organizations — far outnumber the points of control and protection they can implement. It’s not surprising that more than one third of those surveyed have tried to create their own automated systems to cope with the implications of a breach. Our knowledgebase of regulations and industry best practices produce instant incident response plans based on the unique characteristics of a breach, and our easy-to-use project management interface ensures a timely, decisive and accurate response by any team.”

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