Powerpoint Presentation
Trends, insights and strategies to secure data Data Security October Foreword In a time being defined by a surge of data, it has become increasingly clear that an organisation’s data is nothing less than its lifeblood. The wealth of data created and used by organisations powers critical operations, informs strategic and global decision-making and shapes the possibilities for their futures. Data is not merely a resource –it is the beating heart of modern enterprises. Yet, with this increased reliance on data comes the stark reality that vulnerabilities in the digital shadows are real and quickly expanding. Cyber threats, data breaches and insider risk incidents are no longer rare occurrences; they are pervasive and escalating, posing risks to organisations that depend on data. Of the decision makers we surveyed recently, 89% said they view their data security posture as critical to their overall success. In this white paper, we embark on an exploration of that fundamental imperative: the protection of your organisation’s data. My team and I are excited to share our findings with you –and hopefully start a dialogue around how to continue to push data security forward collectively toward excellence. Our learnings exemplify how data security is at a critical juncture –while security decision makers agree it’s essential to the safety of their data, and most say they’re confident in what they’re doing, they’re simultaneously experiencing a plethora of data security incidents and challenges. And,80% of the leaders we spoke to recognise that a best-in-suite, integrated approach is superior to point-solutions, but most companies are still using a fragmented, multi-tool system to protect their data –which is often resulting in more security incidents instead of fewer. We welcome you to read and share this latest report and treat it as the beginning of new conversations with our teams on how we can best help secure our collective future. Rudra Mitra Corporate Vice President Microsoft Data Security and Compliance Data Security October
October Introduction Preventing data breaches and other security incidents continue to be a constant concern for security and risk decision makers –and a cornerstone of any cybersecurity program – because a single breach can cause significant reputational and financial damage. Organisations are tasked with protecting a wide range of sensitive data –including employee and customer information, intellectual property, financial forecasts and operational data. To understand current data security practices and trends as well as identify opportunities for organisations to enhance data security, Microsoft commissioned an independent research agency, Hypothesis Group, to conduct a multi-national survey among over
presents five key findings from the research including trends, insights and strategies to secure data.
October Key Findings Decision makers think they’re protected, but reality doesn’t match perceptions. While most decision makers say they are satisfied and confident with their data security solutions, they’re still experiencing an average of 59 data security incidents a year, with costly impacts. Having more tools does not mean greater data security or efficiency –it’s the opposite.
agree that comprehensive, integrated solutions are superior to manual, best-of- breed solutions –and yet organisations’ approach to tools continues to be fragmented, using an average of 10+ data security tools. But those with the most tools also experience more data security incidents, suggesting that the greater the tool proliferation, the weaker the security. Organisations continue to be plagued by the stress of external and internal data security incidents, especially in business data.
surveyed have experienced a ransomware or malware attack in the past year –and many decision makers don’t believe their organisation is fully prepared to prevent and address future ones. Internally, malicious insiders are a top concern. Additionally, organisations are highly concerned about the vulnerability of their business data. This again underscores the need for a security platform that addresses risks comprehensively.
