20% of Corporate Networks or Data Has Been Compromised Due to Inadequate Security...

Thu Feb 7, 2008 3:41pm EST
 
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20% of Corporate Networks or Data Has Been Compromised Due to Inadequate Security Practices, According to New Research by Positive Networks

   70% Believe That Username/Password Authentication is Not Secure
OVERLAND PARK, Kan.--(Business Wire)--
Positive Networks, a leading provider of security products and
services, announced the results of its new survey "IT Security &
Authentication: Key Concerns in 2008". In January 2008, over 300
Information Technology Professionals from across the country were
interviewed online on issues relating to security, authentication, and
other concerns which network security professionals should be prepared
to face in 2008. It became clear that IT professionals are concerned
that they do not have the appropriate security practices in place.
This concern seems well founded in that 20% admitted to a breach that
included some loss of sensitive data or allowed access to restricted
resources. 70% suggested that their current practices for
authentication were not secure.

   The "IT Security & Authentication: Key Concerns in 2008" survey
reveals that while IT professionals face a growing list of priorities,
security ranks as a top concern. The worry about security blurred the
lines between protecting company assets and personal assets with
results demonstrating even greater worry related to identity theft and
privacy concerns. 93% of respondents indicated serious concerns about
company security relating to data protection and network security.
Only 3% indicated that IT security was not a priority for 2008.

   In particular, IT professionals noted that authenticating and
restricting access to appropriate users is a priority with 84% rating
it as a serious or high level concern. Furthermore, for nearly half of
respondents (48%), their current focus on IT security is higher than
in previous years.

   Nearly 1 in 5 respondents indicated that their company's network
or data had been compromised, with an overwhelming 70% of respondents
not believing that usernames and passwords provide an adequate level
of security. IT professionals recognize the need for improved
authentication standards, but have struggled with the complexity and
cost of previous two-factor authentication offerings.

   "PhoneFactor has made secure two-factor authentication inexpensive
and simple for both administrators and end-users," said Evan Conway,
EVP & Chief Privacy Advocate with Positive Networks. "It is no longer
acceptable for companies to rely on usernames and password to protect
sensitive data."

   Preview of "IT Security & Authentication: Key Concerns in 2008"
Survey Results:

   --  Current Corporate Authentication Systems Are Not Secure - Over
        half (58%) of respondents rate their company's current
        authentication systems as only somewhat secure or worse. Only
        10% rate their current athentication systems as very secure.

   --  Two-Factor Authentication Recognized as a Need - If most
        respondents rate their current authentication systems poorly,
        then why haven't more companies implemented two-factor
        authentication already? The top responses include: Cost (33%),
        Time to deploy and manage (29%), User inconvenience (23%).

   --  Could A Phone Be Used As The Authentication Device? -
        Respondents support the idea that a phone (mobile or landline)
        could be used as the second factor in two-factor
        authentication to increase user adoption rates. They suggested
        that mobile phone use among professionals was nearly
        ubiquitous, and 72% mentioned that their company provides
        mobile phones for some portion of their employees to use.

   --  Personal Security Preferences Analyzed - Security Concerns
        High - The survey also asked IT professionals about their
        perspectives on securing access to their own personal and
        financial information. Most (84%) ranked their level of
        concern as being moderate to very high with nearly two-thirds
        indicating a very high level of concern. A slight majority
        (53%) indicated a higher level of concern than in previous
        years.

   --  IT Professionals More Concerned About Personal Data Protection
        - Interestingly, 78% of respondents indicated that they did
        not believe usernames and passwords provided adequate security
        for accessing their own personal and financial information
        online. Responses to questions in this area indicated a
        greater level of concern about security as it relates to
        personal data than company data.

   --  Identity Theft High Even Among IT Professionals - One in five
        respondents (virtually all of whom are IT professionals) have
        experienced identity theft personally. Most take some
        precautions - 96% use strong passwords, 38% change their
        passwords at least once a month, and 57% do not use the same
        password for multiple logins.

   About the Survey

   "IT Security & Authentication: Key Concerns in 2008" is a new
survey to examine the top security issues which network administrators
and security professionals should be prepared to face. Data for this
survey was compiled based on a survey questionnaire provided by
Positive Networks. In January 2008, over 300 Information Technology
Professionals from across the country were interviewed online. A copy
of the this report can be accessed here.

   About Positive Networks

   Positive Networks is a leading provider of security products and
services, including the award-winning PhoneFactor two-factor
authentication service and PositivePRO remote access service.
PhoneFactor is the industry's first free phone-based two-factor
authentication service and can be found at www.phonefactor.net. The
PositivePRO VPN service provides secure remote access and endpoint
security without the need to purchase or install an appliance. Both
services can include 24x7 end user and IT administrator support.

   Positive Networks was awarded "Best-in-Class" Service Provider by
Stratecast Partners and was an AlwaysON AO100 selection. Positive
Networks has been recognized by IT Week Magazine, Network Technology,
Service Provider Weekly, Security Week, PC News Weekly, Hosting
Weekly, WebWeek Magazine, and was an Info Security Product Guide
Product Excellence Award winner for Best SSL VPN Managed Service. The
company was a finalist for a 2007 SC Magazine Excellence Award.
PhoneFactor is a 2008 SC Magazine Finalist for best multi-factor
solution. For more information, please call 877-668-6536 or visit
www.positivenetworks.com and www.phonefactor.net.

Madison Alexander PR, Inc for Positive Networks
Dan Chmielewski, 714-832-8716 or 949-231-2965
dchm@madisonalexanderpr.com

Copyright Business Wire 2008

 

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