Security and Compliance: Violations and Lack of Confidence Are Widespread

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Failing to pass a compliance audit can result in costly fines and damaged reputations. Even so, the survey shows companies are taking risks, either because they lack the resources to fully comply or don’t feel it’s likely their organization will be audited.

  • When asked to describe their company’s approach to compliance, 31.5 percent said they take risks because they don’t have the resources to be totally compliant.
  • 38.6 percent of respondents feel it is not likely their company will be selected for a compliance audit in the next 12 months, with 37.5 percent saying it is only “somewhat” likely.
  • Only 37.5 percent of respondents are very confident their company would pass a compliance audit.

DataMotion, an innovator in cloud-based data delivery services, recently released research showing that despite having corporate security and compliance policies and solutions in place, there is a widespread lack of confidence among respondents in their effectiveness. According to survey findings, 84 percent of respondents believe employees/co-workers violate security and compliance policies for transferring files electronically and only 45.5 percent feel these policies are fully understood. Adding to respondents’ compliance woes, nearly one in three admit their company knowingly takes risks because they don’t have the resources to be totally compliant. Considering these results, it’s no surprise that only 37.5 percent of respondents state they are very confident that their organization would pass a compliance audit if selected.

Conducted by DataMotion, the survey polled more than 200 IT and business decision-makers across the U.S. and Canada to gain insight into corporate email and file transfer (FTP) habits. The survey particularly focused on those in industries that routinely deal with sensitive data and compliance regulations, such as financial services, healthcare and government.


Related Topics : Litigation, Consultants, Digital Rights Management, Environmental Regulations, External and Internal Audits

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