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Wednesday, June 07, 2006

Survey Finds Companies Vulnerable to Network, Host, and Storage Security Breaches by Insurance Networking News

Aside from keeping customers happy and data safe, those who are exploring storage security measures cited best practices and regulatory requirements as the key drivers. Public companies need to comply with security regulations such as the Sarbanes-Oxley Act (SOX), Gramm-Leach-Bliley Act (GLBA) and Health Insurance Portability and Accountability Act (HIPAA).

SOX, for example, calls for fines or even jail time for executives at public companies who fail to properly secure financial records. The growing concern of data loss and theft has also led many private firms to voluntarily comply with such regulations to bolster their reputations and win the confidence of customers and partners.

"Clearly, organizations have been placing emphasis on securing their networks and access to data within the company for several years," says Robinson. "However, while most organizations send sensitive data outside the company, it's only recently become a major area of concern for them."

Survey Finds Companies Vulnerable to Network, Host, and Storage Security Breaches by Insurance Networking News


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