|By RealWire News Distribution||
|November 13, 2013 07:04 PM EST||
New survey reveals how data breaches impact consumer confidence, with majority of respondents calling for harsher punishments and prepared to boycott breached organisations
13 November, 2013 - LogRhythm, the leader in cyber threat defence, detection and response, today announced the results of its annual survey that reveals the UK public wants to be informed whenever an organisation suffers a data breach, and that more needs to be done to punish companies that lose sensitive information. The survey also shows that consumers call for breach notification laws that make it mandatory for all breaches to be reported to all customers - irrespective of scale.
In the survey of 1,000 consumers, conducted for LogRhythm by OnePoll, two-thirds of respondents (66 percent) said that there should be legislation forcing organisations to declare any data breaches experienced, with the same percentage stating that customers should be told immediately. While current EU legislation requires only affected customers of telecoms operators or ISPs to be notified, 64 percent of respondents reported a desire for all customers to be informed, regardless of whether their data was comprised. On a similar note, the majority of respondents feel that not enough is being done to uniformly punish organisations that lose sensitive data.
"The barrage of data breaches this year has clearly impacted the way in which consumers perceive the security of their personal information, which points to an urgent need for organisations to up the ante on data protection," said Ross Brewer, vice president and managing director for international markets at LogRhythm. "EU data privacy laws go some way toward mandating full breach disclosure, but the feedback from consumers is that much more needs to be done - across industries far beyond the telecoms sector. However, with 53 percent of respondents admitting that they would think twice about doing business with breached organisations, businesses face a very difficult dilemma indeed."
When it comes to consumer confidence, the results were equally bleak, with 48 percent believing it inevitable that their data will be compromised by hackers at some point. Echoing the results of a similar survey in November 2012, social media and gaming websites were deemed the least trusted keepers of personal information, while healthcare providers and financial services institutions were favoured for security.
"Interestingly, when compared to last year's results, the inevitability of data breaches is more apparent, which could be signalling a worrying era of data breach malaise. Perhaps, as initiatives such as the EU's 24 hour breach notification regulations develop, we'll see confidence increase and consumers becoming less resigned to the fate of their privacy. However, organisations should not be motivated solely by the threat of regulatory fines to keep data secure, and they must implement their own safeguards in an effort to reassure customers their information is safe - particularly with so many people willing to boycott the victim organisations."
In light of ongoing allegations of government-sponsored espionage, respondents reported concern over the level of information sharing between large organisations and internet companies - with 63 percent worried about the impact this has on who sees their private data. In terms of national cyber security, 16 percent of British consumers believe government organisations are doing enough to protect national assets from cyber security threats, compared to just 11 percent in 2012.
"This year, the UK government has been very outspoken about its drive to commit more resources to cyber security, which could be a reason for the slight increase in public confidence - however, it has been a tough few months, and as NSA and GCHQ spying headlines continue to mount, confidence is understandably still low," continued Brewer. "In any case, the research proves that more needs to be done by governments, industry regulators and organisations themselves to restore the confidence of those who matter most - the people handing over their private information. As consumers become more wary of how their data is used, there really is no room for excuses or lax security."
LogRhythm urges organisations to make better use of the data generated by networks so that potential threats can be identified before they have a chance to escalate. Using security intelligence platforms such as Security Information and Event Management (SIEM) as part of an integrated Protective Monitoring strategy enables automated, centralised collection and analysis of log data that ensures anomalies are identified as they occur. Developing this deep insight requires the ability to see even minor changes that may occur across the IT estate, such as files being altered or copied to portable storage devices.
The full findings of the survey can be found here: http://logrhythm.com/Portals/0/resources/LogRhythm_Survey_11.2013.pdf
LogRhythm is the largest and fastest growing independent Security Information and Event Management (SIEM) provider in the world. The company's patented and award-winning Security Analytics platform and Network Monitor product empower organisations around the globe to detect breaches and the most sophisticated cyber threats of today, faster and with greater accuracy than ever before. LogRhythm also provides unparalleled compliance automation and assurance as well as IT intelligence to Global 2000 organisations, government agencies and mid-sized businesses worldwide.
Positioned as a Leader in the 2013 SIEM Magic Quadrant and listed as a "Champion" in Info-Tech Research's 2012 SIEM Landscape Report, LogRhythm also earned a perfect, 5-star rating in the 2013 SC Magazine SIEM Group Test for the fifth consecutive year. Additional awards have included Computing Security's Bench Tested Solution of the Year, SC Labs' "Recommended" 5-star designation twice, SC Magazine's Innovator of the Year Award, Readers Trust Award for "Best SIEM" solution and "BEST BUY" designation for Digital Forensics. LogRhythm is headquartered in Boulder, Colorado with operations in North and South America, Europe and the Asia Pacific region. For more information, visit www.logrhythm.com.
For further information, please contact:
Aislinn Collins or Hannah Townsend
020 7401 7968
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Aug. 26, 2016 04:00 PM EDT Reads: 3,916
StarNet Communications Corp has announced the addition of three Secure Remote Desktop modules to its flagship X-Win32 PC X server. The new modules enable X-Win32 to safely tunnel the remote desktops from Linux and Unix servers to the user’s PC over encrypted SSH. Traditionally, users of PC X servers deploy the XDMCP protocol to display remote desktop environments such as the Gnome and KDE desktops on Linux servers and the CDE environment on Solaris Unix machines. XDMCP is used primarily on comp...
Aug. 26, 2016 03:45 PM EDT Reads: 522
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Aug. 26, 2016 03:15 PM EDT Reads: 382
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Aug. 26, 2016 01:30 PM EDT Reads: 3,402
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Aug. 26, 2016 01:00 PM EDT Reads: 1,964
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Aug. 26, 2016 12:30 PM EDT Reads: 618
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Aug. 26, 2016 12:00 PM EDT Reads: 1,902
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
Aug. 26, 2016 11:45 AM EDT Reads: 652
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Aug. 26, 2016 11:45 AM EDT Reads: 575
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Aug. 26, 2016 11:30 AM EDT Reads: 557
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Aug. 26, 2016 11:20 AM EDT Reads: 332
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
Aug. 26, 2016 11:15 AM EDT Reads: 1,863
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Aug. 26, 2016 10:45 AM EDT Reads: 527
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
Aug. 26, 2016 10:30 AM EDT Reads: 1,580
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Aug. 26, 2016 10:15 AM EDT Reads: 3,574