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Data Loss Prevention Tips

Each record lost, according to the Ponemon Institute, costs, on average, $204 to recover. Lose 1000 records (considered a very small breach), and you are suddenly out $204,000! According to the same study, the average cost for a business to recover from a data breach is $6.75 Million. The average cost to implement identity theft, social engineering and data breach training? In most cases, less than $50,000.

The causes are generally simple: perhaps your corporate  data security software and firewalls need updating; employees haven’t been properly trained to destroy sensitive documents they no longer need; executives are surfing on unprotected wireless in airports and hotels; sales teams are gearing up social networking strategies that accidentally release confidential or proprietary information. Whatever the cause, companies and business owners must to step up in 2011.

Check 3 Tips to prevent data loss below.

StaffCop - Corporate Security and Data Loss Prevention Solution

StaffCop is a corporate and personal data security solution providing effective technology features that allow you to keep sensitive data safe, track time and monitor PC activities on the network. StaffCop can be used on a corporate network of any size as well as on a single individual PC. Let’s see what’s new in StaffCop 4.0!

Social Network monitoring and control added. Now it is possible to track and monitor private messages, posts and status updates in such social networks as Facebook, Twitter(for US market), VK.com, Odnoklassniki (for Russian market). Now you gain access to staffs’ communications via social networks as it is one of the most popular ways to transfer stolen sensitive corporate data.

Search Term monitoring added as a separate module. Now you are able to check what is staff searching for in such search engines as Google, Yahoo, Bing, ASK (for US market), Yandex, Rambler, Mail.ru, Aport, BigMir (for Russian market).

The whole StaffCop’s code architecture is changed. By adding easy-to-use filters it became possible to see saved data about all actions taken by staff during longer periods of time. In new StaffCop 4.0 it is possible to search and filter all tracked information in real-time, no only in reports as it was before.

It is possible to create reports in .PDF format in new StaffCop’s Scheduler. This makes reports more organized and easier to use, i.e. printing .pdf report files is easier and faster than other format report files.

Agent-connection errors (when too many connections were established between agents with admin panel) are fixed.

Monitoring system now works even faster! This reduced the whole system load during data harvesting and analyzing.

Loss of confidential data – including intellectual property, business documents, customer data, and employee records – is a pervasive problem among World companies, according to a survey released by Ponemon Institute and Vontu, a San Francisco-based provider of data loss prevention products.

Eighty-one percent of companies surveyed reported the loss of one or more laptops containing sensitive information during the past 12 months, according to the survey, which queried nearly 500 information security professionals.

Corporate Data Security 2010

• Convergence Has Only Begun: Movement towards convergence of physical and logical security will continue and become the norm rather than the beta test scenario it was in 2009. While new technologies have emerged to better security efforts, “feet on the ground” in the form of security officers is still imperative. The year ahead will see greater focus on ironing out the convergence of physical and logical security, ensuring a “blend” that delivers both the greatest cost-efficiency and highest levels of security.

• “Big Brother” Oversight: Government regulations will create additional costs and impact a wider spectrum of industry sectors as it pertains to security and personal information. With continued incidents of consumer personal data being stolen, health records being released, financial scandals and more, security executives need to be out-front on compliance. They should also prepare for aggressive auditing in areas such as the Health Insurance Portability and Accountability Act, Sarbanes-Oxley, Payment Card Industry Security Standards and the Gramm-Leach-Bliley Act.

Business executives and owners who may wonder if they need to protect their corporate data will appreciate certain statistics that we have prepared.

43% of organizations say their information security function is now part of their organizations’ risk management function.
–Ernst & Young

The average loss per phishing victim jumped from $257 in 2005 to $1,244 in 2006.
–Gartner Inc.

1 in 3 workers jot down their computer password, undermining their security.
–Nucleus Research and KnowledgeStorm

Read more below!