Quest CEO Blog | Protecting the value of your business: Products Do Not Equal a playbook that works

 

Quest CEO Blog

Thoughts on Technology, Business and the Management of Both.

 

Protecting the value of your business: Products Do Not Equal a playbook that works

by Tim Burke
Thursday, September 29, 2011
Image of a laptop with a bank vault on the screen. To symbolize data security.

I can’t emphasize this enough: All of the technology products and services an organization devotes to securing its data, applications, systems, and networks have but one aim — to protect the value of the business.

 

Conversely, every data breach reduces the value of the business — and there are more data breaches every year.

The data breaches* we know about: Up +32% in 2010

 

 

Data breaches in 2010 …

Number of records known to be  exposed in 2010

Percent of   records known to be exposed in 2010

Percent of 2010  breaches

Percent of breaches

where the number of exposed records is unknown

Business

6.624 million

41.0 %

42.1 %

65 %

Banking/credit/finance

4.854 million

30.0 %

8.2 %

68 %

Medical/healthcare

1.874 million

11.6 %

24.2 %

35 %

Education

1.598 million

9.9 %

9.8 %

47 %

Government/military

1.215 million

7.5 %

15.7 %

50 %

Total 2010 breaches

16.165 million

100 %

100 %

54 %

 

*A breach = an event in which an individual’s name plus Social Security Number (SSN), driver’s license number, medical record, or a financial record/credit/debit card is potentially put at risk. Source: Identity Theft Resource Center (http://www.idtheftcenter.org/ITRC Breach Stats Report 2010.pdf)

 

What’s required to avoid this is different for every organization, and it’s always evolving.

 

That means effective information security never starts with decisions about what products to buy. No single technology product will ever meet all your security needs. Protection requires you understand what you’re trying to protect and be able to constantly, vigilantly adapt to an ever-changing threat environment.

 

 

Permalink | Comments (0)

Add comment




biuquote
Loading