Tuesday, May 27, 2014

WSJ: Increasing UK Data Theft Not Being Reported

Almost half of all large UK organizations have lost or had confidential data stolen over the past year, but only 30% of breaches ever make it to the media, showing that the majority of companies do not report breaches that they’re aware of, according to a new survey.

The 2014 Information Security Breaches Survey, commissioned by the government's Department for Business Innovation and Skills, found that “70% of organisations keep their worst security incident under wraps. So what’s in the news is just the tip of the iceberg.”

"20% of the worst security breaches were caused by deliberate misuse of systems by staff." - Wall Street Journal
The survey also found that 20% of the worst breaches were caused by deliberate system misuse by insiders. Organization can proactively detect such insider breaches with low-cost on-demand SaaS analytics services.
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Sources:
(a) UK Firms Increasingly Hit by Data Theft, but Aren’t Reporting it - www.WSJ.com, 04/29/2014

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