Many firms lack visibility into their data security vulnerabilities
IT and security leaders are facing an ongoing struggle, having to address frequent attacks from cyber criminals, according to a new survey conducted by research company Vanson Bourne and sponsored by identity technology provider SailPoint Technologies Inc.
Of the 400 IT decision-makers in the U.S., the U.K. and France surveyed, 44 percent had suffered at least one data breach in the last 12 months. And of those reporting a data breach, the average was almost 30 data breaches per organization in the last 12 months.
These breaches cost the organizations nearly $1 million to address from an IT perspective, which excludes fines, lost revenue and brand damage, according to the report.
Perhaps the most troubling survey finding, the study noted, is that 9 percent of IT leaders could not confidently say whether their organizations had been breached at all. This demonstrates a continued, clear lack of visibility within organizations today that not only exposes them to data breaches, but also regulatory fines.
By implementing a comprehensive governance strategy that secures and enables identities for all users, across all applications and all data, enterprises can reduce exposure points and strengthen their overall security posture, the report said.