As information leakage incidents grow, report shows security is top of mind, but solutions in place are insufficient.
Confidela, the maker of WatchDox, a document control, tracking and
protection solution, announced survey results based on responses from
more than 500 IT professionals and C-level executives. The survey found
as the need to share and collaborate increases and serious incidents of
data leakage are on the rise, this indicates document security is a top
issue of concern for organizations, but the actions they take to
protect and share documents are mostly flawed or incomplete. WatchDox
surveyed these C-level executives and IT professionals within
pharmaceutical, insurance, health care, semiconductor, software and IT
According to the survey results, 65 percent of respondents shared
sensitive data and more than 50 percent did so on a regular basis; 96
percent said they were concerned or extremely concerned about this data
getting into the wrong hands. One in three admitted to having at least
one incident when data had leaked. About one in four does not know of
any leaks or is unwilling to say.
The survey found 85 percent of leaks are not from malicious intent, and
83 percent ranked document and intellectual property security as very
important, ahead of antivirus and network security. However, despite
clear knowledge of and concern for data leakage, only 12 percent are
using a DLP (Data Loss Prevention) or DRM (Digital Rights Management)
Those surveyed also reported that because their organizations have yet
to invest in truly secure, digital document sharing, they are hesitant
to embrace otherwise highly valued cost-cutting and green initiatives.
Several professionals stated that while online document distribution
could easily replace resource-intensive mail shipments, such as faster,
greener delivery solutions make it all too easy for document recipients
to forward materials to unauthorized parties, print or duplicate them.
"This research is further confirmation that secure document management
and exchange is truly a concern and priority for organizations," said
Moti Rafalin, CEO and founder of Confidela. "Our WatchDox service
solves this concern by leveraging the latest technologies, such as
cloud computing and SAAS, as well as new authentication techniques,
delivering almost seamless protection, control and tracking for
documents, wherever they go. By using WatchDox, customers are able to
go green, save money and become more efficient, while knowing their
documents and intellectual property are safe."
Rafalin said WatchDox is designed to help organizations go green while
simultaneously plugging security gaps with a protected document
exchange solution, providing a way for businesses to share sensitive
material electronically with complete control over who views, shares or
prints the documents.
Nathan Eddy is Associate Editor, Midmarket, at eWEEK.com. Before joining eWEEK.com, Nate was a writer with ChannelWeb and he served as an editor at FierceMarkets. He is a graduate of the Medill School of Journalism at Northwestern University.