35% Of Businesses Have Lost Data Due To Flawed IT Security

35% Of Businesses Have Lost Data Due To Flawed IT Security

FP Archives February 2, 2017, 23:56:59 IST

25 percent of IT specialists cite vulnerabilities in installed applications as the most common internal cause of data loss.

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35% Of Businesses Have Lost Data Due To Flawed IT Security

More than one third of IT specialists admit their companies have suffered a data breach due to malware infection. But malware isn’t the only cause and when data leakage occurs it’s not just the company and its employees that are affected – the customers are too. That’s why businesses need to implement robust multi-level protection across their IT infrastructure.

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Key Numbers

  • Survey conducted by B2B International and Kaspersky Lab in July 2012 polled 3300 senior IT professionals from 22 countries

  • The most common external causes of data loss are malware infection (35 percent), attacks via email (21 percent) and phishing (17 percent)

  • 25 percent of IT specialists cite vulnerabilities in installed applications as the most common internal cause of data loss

  • Companies lose customer information (36 percent), financial data (36 percent) and employee data (31 percent)

Survey Results

There are many external and internal causes of data leakage. According to a B2B International survey, 35 percent of IT specialists said their companies had lost data due to malware infection – the most common external threat. The next most common causes are email-based attacks (21 percent) and phishing (17 percent).

When it comes to internal threats, the loss of important data is most often caused by vulnerabilities in a company’s software (25 percent) that cybercriminals exploit to infect victim computers. This type of risk can be eliminated by implementing a comprehensive protection system which offers control over potentially vulnerable software, and by educating employees in the risks of downloading unfamiliar applications.

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A high proportion of data leaks were from mobile devices: 23 percent of respondents identified the loss and 15 percent the theft of a mobile device as the cause of a data breach. In 13 percent of cases, important information fell into the wrong hands due to negligence, for example, sending messages to the wrong email address.

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What types of data do companies lose? Customer information and financial data, both at 36 percent, are lost most often. This is closely followed by employee data - lost or stolen in 31 percent of cases. Whatever the causes, data loss affects everybody: the company, its employees and its customers.

Petr Merkulov, Chief Product Officer, Kaspersky Lab, said, “The range of cyber-threats that can lead to data loss illustrates just how important it is for every company to implement multi-level protection over its IT infrastructure. A corporate security solution must protect against both external and internal threats using the right tools for the job; anti-malware technologies, corporate security policies, data leakage prevention methods, and so on.”

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Written by FP Archives

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