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Survey: Too Many Employees Can Access Sensitive Data

May 31, 2016 - News
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PRESS RELEASE — FREMONT, CA — May 31, 2016 — Dataguise, a technology leader in secure business execution, today announced the findings of a new survey titled “Strategies for Securing Sensitive Data.” In the survey, 100 senior IT decision makers, including CxOs, VPs, directors, and managers were questioned on the topic of sensitive data security, including technologies in use, impacts to businesses when failures occur, and accountability after such events. The survey participants represented firms from a wide variety of industries that were chosen for the intensity at which they consume data. Conducted between March and April of 2016, the survey uncovers several truths about sensitive data management, risks, and increasing budgets for improving IT security infrastructure.

In March of 2016, Dataguise commissioned Gatepoint Research to conduct an invitation-only survey of enterprise IT executives regarding strategies for securing sensitive data. Candidates were chosen from a wide range of industries, including financial services, healthcare, manufacturing, business services, consumer services, retail, media, and education. 54% of those that completed the survey work for Fortune 1000 organizations with revenues over $1.5 billion. 20% work for medium to large firms whose revenue is between $250 million and $1.5 billion. 26% are employed by small enterprises with less than $250 million in revenue.

Observations and conclusions of the 13 question survey included the following:

  • Companies are transitioning toward big data frameworks, including cloud-based environments such as Microsoft Azure HDInsight. 28% of respondents report more than a year of experience with these big data repositories and another 38% in various stages of adoption.
  • Data security challenges often have a negative impact on organizations with 73% reporting that data security concerns terminate or delay data-driven business initiatives.
  • Companies use multiple security solutions to protect sensitive data, with 82% using network monitoring, 80% leveraging data encryption, 79% implementing access controls, 69% installing perimeter controls, 63% using volume and file encryption, and 43% implementing data masking.

Even with multiple layers of security in place, less than half of all respondents did not believe that their data was secure with only 47% of respondents confident that their sensitive data throughout their organization was safe. Furthermore, it was revealed that sensitive data within organizations can be widely accessed by a large number of individuals. In addition to 80% of respondents indicating that their IT teams had access to sensitive data, 40% said test and development teams also had access and 29% indicated that end-users throughout the enterprise maintained the ability to view this information. Finally, while 62% of those surveyed said ...

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