Cloud-based digital document archive services such as Dropbox and Yousendit! have infiltrated U.S. companies in a big way and the result is a huge security hole, according to the results of a survey being released July 24 by the Ponemon Institute, a research firm.

Of the 622 IT and IT security executives polled (19% of whom are in financial services), 60% said employees within their organization frequently or very frequently move large files containing business confidential information to such Internet-based file-sharing apps without asking permission. A little more than half — 51% acknowledge this activity could result in the leakage of confidential information.

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