Risk Management

Hey CIO, CEO: You’re Leaking Data

In a business world where data equals money, it would seem foolish to leave your proverbial wallet sitting in the open, where anyone could just swipe it. Yet in effect, according to an article by Virginia Backaitis for CMS Wire, that is what IT departments are doing: exchanging intellectual property beyond firewalls where anyone can grab it.

App Danger

You may feel comfortable with your company’s information security measures. In that case, it’s time for some scary statistics. For instance, did you know that 88.7 percent of all industry cloud apps are not enterprise ready? Did you know that the most vulnerable apps are those serving line of business functions like HR and marketing? What’s more, 21 percent of data taken up by business intelligence apps is contractually owned by the cloud vendor. And one third of all cloud leakage violations contains confidential company information.

App Safety

Backaitis consults Netskope co-founder Sanjay Beri, who offers three sound prevention principles:

  1. Understand the apps.
  2. Analyze usage.
  3. Develop security policies.

Some apps conform to security criteria. Some apps don’t. Get intimate with your apps by utilizing a free cloud risk assessment. Monitor usage by tracking unsanctioned access and data-sensitive transactions. Take what you find from the first two steps to draft a comprehensive cloud usage policy. If you’re like most enterprises, the hundreds of apps you’re running on a regular basis are just waiting to leak your business-sensitive data.

Read the original article at: http://www.cmswire.com/cms/information-management/hey-cio-ceo-youre-leaking-data-027048.php

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