EIU - Information Risk white paper: Managing digital assets in a new technology landscape web - December 2013
Information risk: Managing digital assets in a new technology landscape is an Economist Intelligence Unit report, sponsored by HP. It is intended to explore how organisations view and approach information risk and its management in the era of “big data” and cloud computing.
The report is part of a global research programme dedicated to information risk. A range of multimedia content on the subject is available on a dedicated online hub - Managing Info Risk - including articles, videos, infographics and a live webinar.
Why read this report
Employees are the biggest risk to information but more than three-quarters (76%) of respondents believe information risk can largely be mitigated by technology
Increased collaboration with third parties and outsourcing are doing more to increase risks to information than cloud computing, big data or bring-your-own-device (BYOD)
Awareness of information risk does not extend across the business. Only one-in-four companies (27%) report an extensive awareness of information risk across the organisation
Placing a monetary value on information is a tricky but growing practice. Only one-in-ten companies have assigned a monetary amount to all types of information they hold, but the trend is moving in this direction.
Different rules about personal data in different regions are problematic for companies. Over two-thirds (68%) of respondents would welcome greater regional harmonisation of the rules surrounding data security
Data breaches are now a fact of doing business. Nearly half (48%) of organisations experienced a loss of information in the past two years; the majority would not rule out doing business with another company suffering a breach