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business technology innovation outstripping security

business technology innovation outstripping security

Businesses are investing in new technology such as virtualisation, mobility and social networking before they have the proper security in place says a new report. In a survey of 100 top security executives at companies with revenues of $1 billion, more than seven in 10 have experienced a security incident in the last 18 months. Many firms only brought in security staff to check the technology after it had gone live, or when damaging incidents occurred. 80 percent of companies were concerned that pressure to cut costs and generate revenue has increased their exposure to security risks. Most companies increased their use of new technologies over the past 12-24 months and more than one-third reported an increase in cloud computing even though they do not have a security plan. Less than half have developed policies for employees to guide the use of social networking tools and sites. Less than half the organisations surveyed had developed policies for employees to guide the use of social networking tools and sites. More than 30 percent of the responding companies some enterprise applications or business processes running in the cloud, with another 16 percent planning to begin migration within the next 12 months but two-thirds of these do not yet have a security strategy in place for cloud computing. The research was conducted by by Computerworld UK's sister organsiation IDG Research Services. Protect your business today with PROprotection.

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