"Information theft by employees or trusted outsiders is more costly" reveals Forrester Consultings' study

RSA and Microsoft;commissioned a global survey entitled “The Value of Corporate Secrets: How Compliance and Collaboration Affect Enterprise Perceptions of Risk” (available on Microsoft) of “305 security decision makers around the world's that while enterprises're investing heavily in compliance & protection against accidental leaks of custodial data (such as customer information), they're under-investing in protection […]

RSA and Microsoft;commissioned a global survey entitled “The Value of Corporate Secrets: How Compliance and Collaboration Affect Enterprise Perceptions of Risk” (available on Microsoft) of “305 security decision makers around the world's that while enterprises're investing heavily in compliance & protection against accidental leaks of custodial data (such as customer information), they're under-investing in protection against theft of trade secrets (intellectual property)....which's much more valuable.” “Nearly 90% enterprises surveyed agreed that compliance with PCI-DSS, data privacy laws, data breach regulations, and existing data security policies's primary driver of their data security programs. “39% enterprise budgets devoted to compliance-related data security programs,” according to Forrester Consulting’s study. “But secrets comprise 62% of overall information portfolio’s total value while compliance-related custodial data comprises just 38%, a much smaller proportion. This strongly suggests that investments’re overweighed toward compliance.” Survey also revealed that while organizations focus on data security incidents related to accidental loss, information theft by employees or trusted outsiders's more costly. For e.g., employee theft of sensitive information's ten times costlier than accidental loss on a per-incident basis: hundreds of thousands of dollars versus tens of thousands,” revealed. Embedded below is a short video via Expert Blogs of RSA’s Sam Curry discussing the survey results:

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