New economic threat: Vulnerable data.

1:26 pm on September 19, 2008 | By Scott Pierson | In data breach, information security, risk management |

In times of economic downturn, one of the first things organizations cut is security and compliance projects. It is also the worst time to cut in these areas. When the economy is unstable, the threats against data security increase. You have more IT-savvy individuals out of work and sometimes desperate. You may also have made cuts in your own IT staff. A recent survey of 300 IT administrators found that 88 per cent said they would steal company secrets if they were laid off.

IT staff know where you may be vulnerable and also have greater abilities to gain unauthorized access to your data. So many organizations just don’t see the immediate need for protecting sensitive data because they have yet to experience a loss. The key word here is “yet”. If your organization is currently feeling the pinch of this tight economy, just think how much worse it would be if you were to have a publicized data breach. Laptop data security is so important and the real threat evident by more and more losses publicized every month. Data Encryption and trigger-based actions taken to secure or delete at-risk data is easy to implement and is the best insurance against making tough times tougher.

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