Friday, July 27, 2007

Intellectual Property Breaches Plague Thirty-Two Percent of ...

The findings of a new a survey focusing on the importance of protecting Intellectual Property (IP) was announced today. The research, conducted by the Enterprise Strategy Group and summarized in the brief titled "Intellectual Property Rules," found that one-third of the enterprises surveyed acknowledged loss of sensitive data in the last 12 months, while another 11 percent were unsure whether a breach occurred.

IP protection, which goes beyond just securing private records, has become such a priority that 90 percent of companies queried plan to deploy new technologies to secure their IP in the next 12 months. The epicenter of risk continues to be insiders who either act with malicious intent or are negligent.

"Intellectual Property Rules," which is based on a survey of personnel at enterprises that have from 1,000 to more than 20,000 employees worldwide, reveals some key findings:One-third of organizations surveyed acknowledged data losses in the last 12 months.Fifty-eight percent believe the biggest threat to their data is from the inside out, from malicious or negligent insiders.One-third of companies' sensitive data and IP exists in application databases where it can be centrally secured and managed.