Saturday, June 30, 2012

Dear bloggers,
What a great article I’ve come across to tie beautifully into our reading assignment this week! Who is really responsible to protect America from data loss? by Kevin Pouché touches on both the importance of data security in the corporate environment and how little respect, attention, and budgetary allowance it’s given to protect data assets.
Cyber threats not only affect our economy but also our national security. It’s no wonder government legislature has introduced bills in an effort to alleviate the threats. Those bills include the Stop Online Piracy Act (SOPA), Protect IP Act (PIPA), the Cybersecurity Act of 2012, and the Cyber Intelligence Sharing and Protection Act (CISPA). While the desired outcome of these bills is the reduction of data breaches, the bills are met with controversy so the process to move from a bill to a law is very time consuming.
The author of the article, Pouché, is a firm believer that the protection of data is the responsibility of the company that holds the data, not the government, and I strongly agree with that point of view. The threat to data security however is so strong that the need for government regulation and control has brought forth the bills mentioned previously.
“It’s time for businesses to get serious about data security” quotes Pouché (2012). Oftentimes conversations with security professionals are productive and the need for more secure procedures is identified. When the conversation moves to the corporate executives however, those talking points fall on “deaf ears” (Pouché, 2012).
The impact of data loss on revenue is rising, from 0.6% in 2012 to an estimated 0.77% in 2013 to 1.6% in 2018. Unless conversations can be productive with realistic goals set and met by corporations, this business of data breaches and insecurity is estimated to get wildly out of control.
What are your thoughts?
Until next time….

Reference
Pouché, K. (June, 2012). Who is really responsible to protect America from data loss? Retrieved from http://www.scmagazine.com/who-is-really-responsible-to-protect-america-from-data-loss/article/246351/

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