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47% of Organizations Had at Least 1,000 Sensitive Files Accessible to Every Employee, Reveals Varonis Data Risk ReportNEW YORK, April 25, 2017 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ:VRNS), a leading provider of software solutions that protect data from insider threats and cyberattacks, today revealed the results from the Varonis Data Risk Report, showcasing an alarming level of exposure for corporate and sensitive files across organizations, including an average of 20% of folders per organization open to every employee. Using the Varonis Data Security Platform (DSP), Varonis conducted over a thousand risk assessments for customers and potential customers on a subset of their file systems. The assessment provides insight into the risks associated with corporate data, identifies where sensitive and regulatory data resides, reveals over-exposed and high risk areas, and makes recommendations to increase their data security posture. Additional key findings from the report include:
Failure to reduce the use of global access groups, lock down sensitive files and dispose of stale data exposes an organization to data breaches, insider threats and crippling ransomware attacks. A recent Ponemon study found that 62% of end users say they have access to company data they probably should not see, and a Forrester Consulting study found that 59% don’t enforce a need-to-know permissions model for sensitive files. Individual company risks identified during the assessments include:
“We found files with sensitive PII in places it should not have been,” said a Chief Security Officer for a state and local government in a recent TechValidate customer survey. According to that same survey, 68% of end users perform a risk assessment to validate security concerns, 95% agree that the risk assessment helped them identify at-risk, sensitive and classified data and build a plan of attack to reduce the likelihood of a data breach, and 82% rate global access remediation a top priority after seeing the results. “The initial assessment gets the immediate attention of management, which then assists in building and executing the internal remediation process,” said a Security Manager at a beverage company in the same TechValidate customer survey. “Varonis does an excellent job of identifying internal data security vulnerabilities.” The Varonis Data Risk Report showcases the findings from a random sampling of 80 risk assessments conducted for customers and potential customers between January to December of 2016 across 12 countries and 33 industries, and within organizations with 50 to more than 10,000 employees. All organizational identifiers have been removed. Additional Resources
About Varonis News Media Contact: Jennifer LuPiba 614-338-9889 [email protected] |