Report: Significant Concern Over Risk Of Data Leakage

The growth of cloud and mobile computing, the ease at which files can be shared and the diversity of collaboration methods, applications and devices have all contributed to the frequency of file data leakage incidents according to the 2015 State of File Collaboration Security report.

Mnet 189263 Data Breach 0

The growth of cloud and mobile computing, the ease at which files can be shared and the diversity of collaboration methods, applications and devices have all contributed to the frequency of file data leakage incidents according to the 2015 State of File Collaboration Security report.

FinalCode, Inc. and Enterprise Management Associates worked together on the report that offers key insights into file data leakage risks and incidents; security process and control maturity; perceived cloud-based file platform threats; and investments to preempt and contain file access and usage exposures. Survey respondents are comprised of information security decision makers in mid-tier and large enterprise organizations spanning multiple industries in North America.

"Data dissemination and file collaboration are natural parts of most business and operational workflows, so must security be an integral part of the workflow to protect information,” says David Monahan, research director of risk and security management at EMA. “Unfortunately, protecting sensitive and regulated data within shared files remains a significant exposure within many organizations.

“Our survey findings clearly show a gap between file security policies and practices and the efficacy of technical controls in place to monitor and enforce compliance to the existing policies. This lack of capability to control unstructured data as it moves through its lifecycle will not only yield more data privacy breaches but will impact the adoption of advanced enterprise and cloud content management systems."

Survey highlights include:

  • All organizations, across IT, security and line of business roles, are concerned about file data leakage risks, and 75 percent expressed very high to high concern.
  • 84 percent of participants had moderate to no confidence in their security controls and auditing capacity to secure confidential files.
  • More than 80 percent of survey participants experienced file data leakage incidents in their organization, and half expressed frequent incidents.
  • Inappropriate file sharing with others inside the organization, with those outside the organization, and through malware and hackers were cited as the most likely causes of data leakage.
  • More than 90 percent of respondents stated the lack of protection of files leaving cloud-based platforms or device containers as the highest risk to adopting cloud-based file storage and collaboration services.
  • While policy development and legal enforcement are foundational file security defenses, organizations plan to increase user awareness training and purchase additional security technology.
  • Email Gateway/Proxy and Data Loss Prevention (DLP) technologies were the top mature controls, while file encryption and usage control software was cited as the top upcoming control investment.
  • 70 percent of respondents believed that end users would invoke stronger security controls on files they share if empowered to do so.

For more information on the full report, visit www.finalcode.com/en/fsreport/.

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