In today’s business environment, media headlines are increasingly featuring data breaches of large magnitudes that put people’s personal information at risk, and no country or industry is immune. With the changing landscape of business communications and the explosive use of email and Web 2.0 applications for collaboration and business processes, gone are the days when hacking and virus threats were the highest security priority for an organization’s IT department. It used to be that organizations were mainly concerned about protecting their data from the outside, but today they also have to protect data from the inside. Sensitive information enters and exits company networks every day. With the evolution of web-based applications, organizations are still largely uncontrolled and unmonitored when it comes to employees using email, social networks, webmail, file transfers, and more.
Organizations now need to be on constant guard against data being lost or stolen. According to KPMG’s "Data Loss Barometer," in 2009 alone, more than 113.6 million people were affected by data loss. To put this into perspective, there are approximately 310.5 million people in the United States and 6.9 billion globally.
Credit Union Times is the nation's leading independent source for breaking news and analysis for credit union leaders. For more than 20 years, Credit Union Times has set the standard for editorial excellence and ethical, straight-forward reporting.