Data Management Lacking, Putting Businesses at Risk: Varonis
A majority of senior managers don't know where sensitive company data is stored, and they don't have access policies set in place.Businesses are putting themselves at serious risk of data loss or data breaches because senior management doesnt know where company data is stored, a survey from data governance software specialist Varonis Systems indicated. In the survey of more than 400 companies, 67 percent of respondents said that senior management in their organizations either don't know where all company data resides or are not sure. In addition, 74 percent of organizations reported that they do not have a process for tracking which files have been placed on third-party cloud digital collaboration and storage services. While 23 percent of respondents said they are developing a process for authorizing and reviewing access to cloud storage platforms, only 9 percent of respondents' companies actually have policies for that in place. This suggests that for the 68 percent of respondents with no plans in place or formal processes for granting and reviewing access, the majority of businesses data is up for grabs, as the report terms it.
The bring-your-own-device (BYOD) trend is also causing consternation among organizations, with a majority of respondents (57 percent) reporting that BYOD would be a more attractive option for their organizations if they could provide secure access to their internal file shares for collaboration. Overall, 78 percent of survey respondents said they would prefer to use their existing permissions and storage if they could provide collaboration and file-synchronization services similar to cloud-based services.