If there’s one thing the 2016 eCensus outage has highlighted, it’s that no organisation can take any chances with the privacy, confidentiality and security of the personal information it collects. Unfortunately, it would seem that hundreds of Australian businesses aren’t any better than the ABS. A large-scale survey by IT security firm Shred-it revealed accidental data loss by an employee to be of greater concern than deliberate theft or sabotage. Despite this, training and policies relating to employees mishandling confidential information remains almost non-existent in many organisations. This infographic lays out the damaging facts and figures.
For its 2016 Security Tracker Research study, Shred-it surveyed more than 1,100 Australian businesses about their security concerns and practices. Almost half of respondents cited human error as the biggest source of a potential data breach. However, the survey also revealed a worrying lack of training and policies in place to fully address the risk of employees mishandling confidential information. In particular, there is a lack of understanding and education among businesses on the broader implications of a data breaches and many businesses do not understand the legal requirements concerning confidential information.
The infographic below summarises the study’s chief findings. To read the complete report, click here.