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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Blancco Technology Group Plc | LSE:BLTG | London | Ordinary Share | GB00B06GNN57 | ORD 2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 225.00 | 222.00 | 228.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
ATLANTA and LONDON, April 27, 2017 /PRNewswire/ -- Corporate data governance programs are difficult to establish and enforce. For the most part, these programs lack the necessary people, processes and technology to effectively fend off security threats, data breaches, regulatory fines and lawsuits. The two weakest links in a company's data governance program are uncontrolled user access to data (53 percent) and managing where data is stored (43 percent), according to the "Data Governance Inside the Enterprise" research study released by Blancco Technology Group today.
Data protection and regulatory compliance are further complicated by the fact that organizations are often too lenient in allowing employees to transfer data inside and outside their organizations. For instance, 69 percent of the surveyed IT professionals admitted they allow employees to transfer data onto their personal mobile devices with only minor limitations and 33 percent allow employees to move data to cloud providers, such as Dropbox, without any restrictions at all. On top of this, 47 percent of organizations either have limited visibility or no visibility at all into how employees move data offsite.
Key findings from the study include:
Overall, the study highlights a common, yet unfortunate reality in most enterprises today – what you don't know can hurt you. One such unknown is the amount of time that data should be retained. In particular, 22 percent of the surveyed IT professionals admitted they keep data forever, while 18 percent said they keep data for a set amount of time regardless of data type.
"The reality is that many organizations adhere to a 'storage is cheap, keep everything' mentality," said Richard Stiennon, Chief Strategy Officer, Blancco Technology Group. "Data hoarding as a practice can be dangerous, as we saw during the Yahoo hack last year when hacker 'Peace' leaked four-year-old data from 200 million Yahoo accounts onto the dark web. Organizations need to learn that, as data ages, its usefulness declines. In actual fact, all retained data is a liability for discovery, breach, theft or loss. When its value is less than the liability, when customers demand it (i.e. closing out accounts) and when regulations require it, organizations need to permanently erase the data so it can never be recovered and result in another situation like the Yahoo breach."
About Blancco Technology Group
Blancco Technology Group (AIM: BLTG) is the de facto standard in data erasure and mobile device diagnostics. The Blancco Data Eraser solutions provide thousands of organizations with an absolute line of defense against costly security breaches, as well as verification of regulatory compliance through a 100% tamper-proof audit trail. Our data erasure solutions have been tested, certified, approved and recommended by 18 governing bodies around the world. No other security firm can boast this level of compliance with the most rigorous requirements set by government agencies, legal authorities and independent testing laboratories.
The Blancco Mobile Diagnostics solutions enable mobile network operators, retailers and insurers to easily, quickly and accurately identify and resolve performance issues on their customers' mobile devices. As a result, mobile service providers can spend less time dealing with technical issues and, in turn, reduce the quantity of NTF returns, save on operational costs and increase customer satisfaction.
For more information, visit our website at www.blancco.com.
Media Contacts:
SHIFT Communications for Blancco Technology Group (US)
David Heffernan, Account Manager
T: (617) 779-1839
E: blancco@shiftcomm.com
SAY Communications for Blancco Technology Group (Europe)
Robert Hickling, Senior Account Manager
T: 44 (0) 20 8971 6427
E: blancco@saycomms.co.uk
Blancco Technology Group
Ragini Bhalla, Senior Director of Global Communications
E: ragini.bhalla@blancco.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/uncontrolled-user-access-to-data-mismanaged-storage-locations-and-data-hoarding-poke-large-holes-in-corporate-data-governance-programs-300446247.html
SOURCE Blancco Technology Group
Copyright 2017 PR Newswire
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