Data leakage: A key concern for companies in Singapore, says poll
ConvergenceAsia staff
02/11/2007

Infrastructure software company Symantec has released new findings from a poll conducted to investigate the key concerns about data leakage and endpoint security among organisations in Singapore.

The poll, conducted by Symantec, surveyed more than 100 IT managers based in Singapore, and examines how well-prepared these organisations are in preventing data loss.

According to the findings, 95 per cent of the respondents polled have IT security policies in place and 93 per cent actually take the time to educate their employees and enforce these policies.

In addition, 70 per cent of respondents revealed their companies use some form of endpoint security product, such as antivirus, firewall, anti-spyware, anti-spam, host intrusion prevention or network access control to secure their systems and prevent the loss of data.

However, despite the high levels of awareness and understanding of the benefits of implementing a security policy, almost half of all respondents still find that data is leaking through email, instant messaging and other electronic channels in their organisations.

The areas of biggest concerns for managing data loss cited was the rapid growth of mobile devices, such as smart phones, PDAs and laptops, with 37 per cent of respondents considering employees working on corporate information from home to be the most vulnerable endpoints in today’s distributed IT environment.

“Data leakage is becoming a key concern for companies as it is not only costly in financial terms, it also comes at a price to a business’ reputation and customer confidence,” said Darric Hor, general manager of Singapore, Symantec.

“The research results underscore the current attitudes and challenges that Singapore companies face with data loss concerns,” he added.

Additional key findings from the poll include:
- 42 per cent of respondents picked malicious activity in the form of Internet-based threats, attacks and hacks as the leading cause of data loss.

- Out of the companies that use some form of endpoint security product, 84 per cent of respondents installed antivirus software and 69 per cent have a firewall. Anti-spyware, anti-spam, host intrusion prevention and network access control averaged about 26 per cent each.

- Almost a third of respondents indicated that that their biggest challenge in managing endpoints is the rapid growth of endpoint devices containing confidential corporate information. “Zero Day threats” and “Inadequate employee education and training” are the next most challenging factors, with 22 per cent picking each option respectively.

advertisement