Beaverton – September, 2nd, 2012 – As organizations around the world expand, so do the concerns that come along with corporate expansion. Perhaps the biggest challenge growing companies’ face today is related to corporate data security. That’s because large corporate data can be a goldmine for criminal hackers. Moreover, organizations are struggling to implement strategies to protect sensitive data, resulting in losses of revenue in the billions every year. Research conducted by Information Security Forum (ISF), a multinational, autonomous information security body considered the globe’s foremost authority on data security and information risk management, data volumes are mounting at a frightening pace – around 2.5 million terabytes each and every day to be exact.
According to Jonathan Ladd, a renowned expert on data security, Organizations need to be proactive about their data security, as consumers are fast becoming weary about the privacy of their data. Failure to take affirmative measures can spell trouble for an organization’s bottom line. Statistics reveal that organizations that are aware of such cyber-terrorization are spending millions of dollars on customized data encryption software to prevent such incidents in the future. However, with hackers becoming more sophisticated and determined, this cyber war won’t be coming to an end anytime soon. Ladd emphasizes that organizations have to prioritize their data security needs, protecting useless data can result into a wasteful effort; therefore, organizations from time to time should conduct a data security audit to pinpoint data security loopholes and prioritize sensitive data. Ladd urges that data security is everyone’s responsibility; as a result, corporations should train employees’ at all hierarchal levels. Finally, Ladd recommends, organization shouldn’t blindly spend millions of dollars on customized data security software, instead they can opt for a cheaper option by purchasing commercially available data security softwares engineered to provide various levels of data defense.