Unauthorized Data Sharing Puts Companies at Risk

Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Unauthorized Data Sharing Puts Companies at RiskInappropriate data sharing continues to be a problem for companies, according to a survey from data discovery and auditing software vendor Netwrix. Although most companies have designated secure storage areas for their data, many find it leaking into insecure areas, its research found.

A quarter of companies have discovered data stored outside designated secure locations in the past year, according to the vendor’s “2020 Data Risk & Security” report. It took them considerable time to discover the stray data, with 23% reporting that it lay undiscovered for weeks.

This data seems to make its way into insecure storage because employees don’t follow data sharing policies, if they exist at all. According to the survey, 30% of systems administrators granted direct access to sensitive data based only on user requests. The results show up in audits and can lead to financial penalties. Of companies that experienced unauthorized data-sharing incidents, 54% ended up with non-compliance findings from audits.

Many companies don’t keep tabs on user data access privileges, the survey found. He reported that a little over half of all organizations don’t review these access privileges regularly.

This lack of visibility into access rights makes it hard to track data sharing. According to the survey, only half of all organizations are confident that employees are sharing data without the IT department’s knowledge. Of those, 29% cannot track employee data sharing at all, making their claims difficult to prove.

The survey examined all stages of the data life cycle from creation through to disposal. It found poor practices at the data-creation stage that have direct implications for other stages such as data sharing. Nearly two-thirds of the survey respondents said that they couldn’t confirm they only collect the minimum amount of customer data required. Of those, 34% are subject to the GDPR, which limits the amount of data they are allowed to collect. Companies that collect more customer data than they need to and fail to manage it properly later on compound their security risk.

The survey covered 1,045 IT professionals around the world, with the largest proportion (48%) coming from North America, followed by 26% from the EMEA region. Half the companies had 1,000 employees or fewer.

X ITM Cloud News

Catarina

Leave a Reply

Next Post

Whole-town study reveals more than 40% of COVID-19 infections had no symptoms

Tue Jun 30 , 2020
Spread the love          A study of COVID-19 in the quarantined Italian town of Vò, where most of the population was tested, reveals the importance of asymptomatic cases. X ITM Cloud News
X- ITM

Cloud Computing – Consultancy – Development – Hosting – APIs – Legacy Systems

X-ITM Technology helps our customers across the entire enterprise technology stack with differentiated industry solutions. We modernize IT, optimize data architectures, and make everything secure, scalable and orchestrated across public, private and hybrid clouds.

This image has an empty alt attribute; its file name is x-itmdc.jpg

The enterprise technology stack includes ITO; Cloud and Security Services; Applications and Industry IP; Data, Analytics and Engineering Services; and Advisory.

Watch an animation of  X-ITM‘s Enterprise Technology Stack

We combine years of experience running mission-critical systems with the latest digital innovations to deliver better business outcomes and new levels of performance, competitiveness and experiences for our customers and their stakeholders.

X-ITM invests in three key drivers of growth: People, Customers and Operational Execution.

The company’s global scale, talent and innovation platforms serve 6,000 private and public-sector clients in 70 countries.

X-ITM’s extensive partner network helps drive collaboration and leverage technology independence. The company has established more than 200 industry-leading global Partner Network relationships, including 15 strategic partners: Amazon Web Services, AT&T, Dell Technologies, Google Cloud, HCL, HP, HPE, IBM, Micro Focus, Microsoft, Oracle, PwC, SAP, ServiceNow and VMware

.

X ITM