Security concern clouds many firms
By siliconindia   |   Tuesday, 14 July 2009, 17:56 IST   |    2 Comments
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Security concern clouds many firms
Bangalore: A survey of top 100 top security executives at companies with revenues of over $1 billion by International Data Group [IDG], a research, event and media company, shows that many firms are deploying new web and mobile technologies, but are not taking adequate security precautions to secure critical processes and data. "The rapid adoption of nascent web, social and mobile technologies, combined with the rising use of outsourcing is quickly dissolving what remains of the traditional boundaries around our organizations and information assets. Security strategies must shift dramatically to ensure companies can achieve their goals to cut costs and meet revenue targets without creating dangerous new business vulnerabilities," said Art Coviello, Executive Vice President, EMC Corporation and President, RSA, the Security Division of EMC. The first study released by RSA last month, reveals a significant gap between the speed at which organizations are adopting new connectivity, collaboration and communication technologies and their readiness to deploy them securely. While the second study by RSA's Security for Business Innovation Council, points out how companies can capitalize on the significant business advantages these new technologies represent without putting their organizations at risk. The Security for Business Innovation Council includes 1000 security executives, who want to share their own insights and experiences to help information security in worldwide organizations. The report also stated many findings. It states that majority of organizations have increased their use of virtualization, mobility and social networking over the past 12 to 24 months, with more than one-third reporting an increase in cloud computing. However, many of the responding companies do not have adequate strategies to assess the risks involved in adopting these new technologies. In some organizations, the corporate security department is only brought in when problems occur and in others, security is not even informed before these new technologies are used. The report also states that more than eight of 10 respondents are concerned that pressure to cut costs and generate revenue has increased their exposure to security risks and more than seven in 10 have experienced a security incident in the last 18 months. The majority of people who took the survey agree that they need to change and improve their approach to enterprise security strategy to accommodate new technology.

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