Survey after survey shows it: Both consumers and employees question privacy on enterprise networks. For example, TRUSTe, a global data privacy management company, found that consumer trust has hit a three-year low. A GFI Software survey found that employees worry about identity theft within their company.
However, while the concerns themselves aren't new, the survey results are showing a new trend, said Barry Shteiman, director of Security Strategy at Imperva:
This new awareness is because many breaches in the past two years have resulted in the leakage of private information, and for that reason it became top-of-mind. However, this is a problem that has existed since the birth of data systems decades ago. That being said, the concern is real – breaches that risk business and private user information, such as their Social Security numbers, credit card information and other details create the risk of identity theft, and financial loss.
It isn't just breaches that are the problem, Renee Bradshaw, senior solutions manager at NetIQ, added:
With the hyper-focus on the NSA spying scandal, the Target breach, and most recently, the Heartbleed bug, it's no wonder that many Americans are very concerned about data privacy. The prospect of having your most private information bared for all to see, or of having your personal wealth plundered by the "bad guys," has become a real possibility – a part of public consciousness. Understandably, there is fear, and not without merit.
Now that consumers and employees are both growing more vocal about the risks involved, it is time for enterprise to start understanding how data leaks occur and addressing privacy concerns.
Each year, thousands of consumers and businesses lose money to scams conducted over the telephone. These scams can cost victims anything from a few dollars to their life savings. ... More >>
During this time of year, people make more online transactions than usual, so it's essential to be extra careful when sending financial and/or personal information. ... More >>
The holidays are upon us -- children are making their lists, families are pulling out the holiday decorations and hanging their stockings with care and, unfortunately, cyber criminals are trying to steal your presents. ... More >>