Organizations are processing data in increasingly large amounts; however, executives do not think employee data is being adequately protected.
Dell's 2019 Workplace Security Report revealed that 33 percent of U.S. executives do not trust their organization to keep employee data safe. Forty-nine percent of executives surveyed think that "their organization will struggle to prove its trustworthiness within the next five years." On average, 29 percent of executives around the globe do not think their organization is doing enough to protect employee data.
The ever-growing amount of data being processed by organizations makes the task of managing it much more burdensome. The amount of data businesses must manage increased from 1.45 petabytes in 2016 to 9.70 petabytes on average in 2018.
Dell's Biometric Usage Survey revealed that 88 percent of respondents found the practice of memorizing passwords that expire in 60 to 90 days aggravating, causing them to undercut the security measure by using non-secure passwords or writing them down. Over half of the survey respondents agreed that they would be open to using biometric authentication, and 79% think that built in security features on business computers would increase data safety. James Sanders "33% of executives don't trust their organization to protect employee data" techrepublic.com (Sep. 17, 2019).
So, the question for our readers is: Is your organization doing enough to protect information?
Please let us know what you think in the poll. Here are some opinions of some of the McCalmon editorial staff.
Jack McCalmon, Esq.
We do our best to obtain as little employee data as possible. We allow our partners…payroll services, health care providers, 401(k) providers, etc…to take those risks. Employers should evaluate what data they are collecting and ask themselves: Do you need it? If you do, then take the steps to protect and guard it.
Leslie Zieren, Esq.
The information we have, we protect. Protecting company and employee information requires constant attention. Recently, a cybercriminal attempted to pull off a "CEO" scam by impersonating Jack in a series of emails to me. After a couple of casual greeting emails, which read like Jack sent them, "Jack" asked me to obtain money cards for him, something he would never ask me to do, so I was alerted to the scam then. In a typical CEO scam, the message looks as though it comes from the boss, and has a sense of urgency to it. However, if you hover over the email address, you can see it isn't really from the boss, which is what I eventually did. These scams are on the rise and have resulted in at least $26 billion in losses since 2016, according to the FBI.
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