[ISN] Most Enterprises Lack Basic Assets to Fight Off Data Theft

http://www.eweek.com/security/data-theft-a-major-concern-for-organizations.html By Nathan Eddy eWEEK.com 2014-05-01 This will not come as a surprise to most IT security people: Most enterprises lack the tools and business intelligence to protect their critical information in an optimal manner, according to new research conducted by the Ponemon Institute and sponsored by Websense. The main problems are a critical deficit of security solution effectiveness, a disconnect in executives’ perceived value of data, and limited visibility into attack activity, according to the global cyber-security report, The findings, based on the responses of IT security practitioners with an average of 10 years’ experience in the field from 15 countries, including Brazil, China, Germany, India, the United Kingdom and the United States, revealed a global consensus that security professionals need access to heightened threat intelligence and defenses. According to respondents, there is a gap between data breach perception and reality–specifically regarding the potential revenue loss to their business. Eighty percent of respondents say their company’s leaders do not equate losing confidential data with a potential loss of revenue. […]