Only a quarter of businesses feel confident about stopping data breaches

Only a quarter of U.K. businesses believe their organization could detect a data breach at any time, a survey by software provider Informatica has shown.

The survey further shows that 33 percent say their organization is very good to excellent at detecting and containing breaches.

Meanwhile, nearly half (49 percent) of respondents admit to having experienced a breach in the past 12 months and believe it could have been avoided if certain processes and intelligent technologies had been in place.

Fifty-six percent of responding businesses say securing and protecting data is a high priority for them. In total, 59 percent say that they worry about mistakes from a temporary worker or contractor, up from 53 percent in 2014. Additionally, 52 percent fear third party or outsourcers’ management of data.

An overwhelming majority (61 percent) of businesses listed customer data as the information most at risk, followed by business intelligence (32 percent) and the data contained within emails or attachments (29 percent).

According to the survey, top data security solutions in place today include data classification, monitoring and discovery tools, with respondents believing that compliance and security could be improved through intelligent solutions, such as automated user access history with real-time monitoring (74 percent), policy workflow automation (74 percent) and automated data discovery/risk assessment (69 percent).

"As the gap between believing in data security intelligence solutions and actually possessing them diminishes, so inevitably will the risk of data breaches", said Dr. Larry Ponemon, chairman and founder, Ponemon Institute. "Given the growing business and societal costs of breaches, and the runaway proliferation of sensitive data, organizations need to seriously consider adopting a data-centric security stance without delay. To do otherwise may soon be construed as negligence".

The survey of 118 U.K. IT and IT security professionals with responsibility for data protection was completed by the Ponemon Institute as part of the annual 2015 State of Data Security Intelligence study sponsored by Informatica.

Published under license from ITProPortal.com, a Net Communities Ltd Publication. All rights reserved.

Photo Credit:  AlexandreNunes/Shutterstock