The Impact of Data Loss
Most companies have addressed security threats by leveraging technology such as firewalls, antivirus software, spam filters and various other tools and resources. Many times, however, the most critical component in a business is often overlooked; the data.
According to regularly conducted research, most small to medium sized businesses have an inadequate data loss prevention strategy, while equally as many have no strategy at all. Data loss is eminent for many organizations, with causes that range from human error, to willful violations of policies, theft and targeted external attacks.
According to a recent survey commissioned by Symantec and conducted by Applied Research, the problem is worse than you may think. Out of 2,100 businesses surveyed, the majority of these companies frequently experienced data loss and cyber-attacks, with no data backup and recovery systems in place. 42% of these businesses lost sensitive data in the last 12 months and 40% of the companies suffered financial loss as a result. 47% of the companies surveyed admitted to not backing up their data, even after suffering data loss and financial setbacks!
Data Loss Prevention Challenges
But it’s not from lack of awareness of caring. Data Loss Prevention (DLP) is an ongoing process that is complex and difficult for IT departments to handle on their own. To make matters worse, organizations have critical data assets without the visibility to fully understand and monitor the health and performance of these assets.
Does your company have a data loss prevention solution in place that allows constant monitoring of endpoint and network activity? How about a DLP tool that identifies and proactively prevents willful policy violations, thus preventing the exposure or loss of sensitive data?
Don’t try to tackle this on your own. Leverage the experienced and knowledgeable team at Oxford Consulting Group to assist you with building and driving your data loss prevention strategy.
Data Loss Prevention Services for Companies of All Sizes
At Oxford Consulting Group, we assist customers with Data Loss Prevention initiatives by helping identify the answers to several key questions, including:
- What data would you like to protect and does that data actually need protection?
- Is the risk tolerance of your company properly aligned with your Data Loss Prevention solution?
- How do the policies and procedures for acceptable use correspond with your Data Loss Prevention procedures?
- Have user roles and responsibilities been put in place and clarified among all users?
- Is your DLP strategy aligned with your data classification and incident management policies and procedures?
We offer a range of services to protect your data, networks and storage systems from data loss and breaches. Several of the DLP consulting services that we provide are:
- DLP readiness and advisory services to help your company develop, change, deploy or refine its current DLP processes
- DLP business enablement and technology implementation services, including configuring DLP software to be used in your environment, integrating DLP tools into your security application and upgrading these solutions when necessary
Get the Best of Both Worlds in Data Loss Prevention
Oxford Consulting Group is committed to providing solutions and services to our clients that align with their DLP strategy and objectives. To support this objective, Oxford has entered into a formal partnership with Symantec Corporation. Symantec is the world leader in data loss prevention technologies and security, and these solutions are used in at least 40 countries—many being Fortune 100 companies. Our experienced consultants will help you understand how this evolving technology can minimize your data security concerns.
Our IT Risk Management consultants will help you improve your risk posture while meeting your compliance obligations without the stress and hassle. Contact us today to reduce the risk of your company becoming another preventable, data loss statistic.
