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Does Data Security Keep You up at Night?

Data security has caused its fair share of sleepless nights for IT departments. A recent survey of 1,600 full-time IT professionals compiled by Trustwave in their 2017 Security Pressures Report shows us exactly what’s got them tossing and turning.

6 Biggest Worries About Data Security

  1. Theft or Loss of Customer Data (30%)
  2. Data or Systems Access Restricted by Ransomware (18%)
  3. Loss of Intellectual Property (16%)
  4. DDoS Attacks/Website Offline (14%)
  5. Reputation Damage or Loss (12%)
  6. Fines or Legal Action (3%)

There are a number of interesting perspectives to be drawn from this information. First, almost half of the data security worries are focused on two key areas: data loss or theft and in-system access issues. Both these worries tend to have a common root source – being attacked. Typically those attacks come via either hacking or someone planting or accessing malware, and as we mentioned before, data breaches were up 44.7% last year.

Are you a 7%-er?

At this point, an astute reader may have noticed the above percentages only add up to 93 percent. So what about the other seven percent, you ask? Interestingly enough, the Security Pressure Report indicates that seven percent of IT professionals do not think they would be the victim of a breach.

When you realize that only seven percent of the 1,600 IT professionals surveyed believe their data security makes them “safe” from a data breach, it begins to hit home just how high the risk has become. The goal can no longer be just compliance; it is has to be about being Security First.

What’s the Impact to My Organization?

In another section of the Security Pressures Report, the survey group was asked what repercussions they fear the most if their organization was breached. Two answers dominated their answers and accounted for 80 percent of the total responses. Coming in first with 42 percent was reputation damage to the IT professional and their company, followed closely by financial damage to the company with 38 percent.

In both cases, the impact can be attributed to another core concern – customers. When a breach happens, customers lose confidence. They may also be personally impacted, resulting in the loss of their business. Perhaps not surprisingly, the ability to weather the storm created by a breach seems to be inversely related to the size of the company. The smaller the company, the less likely they are to survive.

Why Security First?

In order to combat these issues, organizations need to take a proactive posture. Part of the answer is to always be reviewing your readiness. Another is to leverage key tools and expertise to help minimize exposure. Security First means thinking about data security and its implications as a business priority.

At Wind River, we aim to arm all of our customers with additional ways to keep both themselves and their customer or patient data secure. A key first step to maintaining this Security First mindset is by leveraging the capabilities of our Advanced Security Package (ASP).

If you are interested in learning more about what ASP has to offer, contact us or check out the package’s 13 tools to help make you more secure.

 

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