in

This Blog

Syndication

Tags

News

AlertBoot offers a cloud-based full disk encryption and mobile device security service for companies of any size who want a scalable and easy-to-deploy solution. Centrally managed through a web based console, AlertBoot offers mobile device management, mobile antivirus, remote wipe & lock, device auditing, USB drive and hard disk encryption managed services.

Archives

AlertBoot Endpoint Security

AlertBoot offers a cloud-based full disk encryption and mobile device security service for companies of any size who want a scalable and easy-to-deploy solution. Centrally managed through a web based console, AlertBoot offers mobile device management, mobile antivirus, remote wipe & lock, device auditing, USB drive and hard disk encryption managed services.

Data Encryption: Data Theft Surpasses Physical Asset Theft

Kroll has announced that this is the year that companies are losing more to electronic theft over physical theft.  It remains to be seen whether this is a watershed moment or just a random blip in history.  Regardless, the fact that the two are neck to neck means that data security tools like full disk encryption from AlertBoot are as important as ever, just like the physical security most spring for without a second thought.

80% to 90% of Fraud By Company Personnel?

Some of the shocking figures:

  • 98% of businesses in China suffer fraud, 94% in Colombia, and 90% in Brazil
  • 50% of companies have deferred from investing in foreign countries due to fears of electronic theft
  • 1.7 million is lost to fraud for every 1 billion in sales.  That's only 0.17%, a surprisingly low number; however, it's also a 20% increase from the year before

Despite all of this, the most surprising is this quote from businessday.co.za:

Danny Myburgh, MD of computer forensic analysis company Cyanre, said yesterday: “The sad reality is that 80%- 90% of the fraud is likely to be committed by someone within your company.”

Yet only 48% of the companies surveyed planned to improve their security in the next 12 months, down on last year’s 51%.

Laptop Encryption Used?  OK.  But Why?  Fuzzy Thinking

Perhaps the above quote shouldn't hit me as surprising.  After all, I keep seeing the same type of thinking when it comes to the use of encryption software.

I haven't seen many people complain about the use of encryption on laptops, if one travels around with it.  In certain cases where a laptop is substituted for a desktop (that is, that laptop is not moving from the desk), I've seen people wonder why encryption is necessary.  The explanation of how the laptop could be stolen seems to convince them of the need.

However, the case is different with desktop computer encryption.  Despite the fact that these can be stolen as well, for some reason most people think that desktops are immune from theft (if "boxiness" is all that it takes to stop theft, Volvos from the 1980s are the pinnacle of anti-theft design).  Encryption on desktops?  Nobody really gives it a second thought; the answer to most is "no need."

It's obvious that there is a lot of fuzzy thinking when it comes to "what does protecting data mean?"


Related Articles and Sites:
http://www.businessday.co.za/articles/Content.aspx?id=124848
http://www.allgov.com/Controversies/ViewNews/Commercial_Digital_Theft_Tops_Physical_Theft_for_First_Time_101026
http://www.informationweek.com/news/security/attacks/showArticle.jhtml?articleID=227900228

 
<Previous Next>

Hard Disk Encryption: WTC Medical Monitoring Program Data Breached

UK Bar Council Encryption: Which Disk Encryption To Choose?

Comments

No Comments

About sang_lee

Sang Lee is a Senior Account Manager and Security Analyst with AlertBoot, Inc., the leading provider of managed endpoint security services, based in Las Vegas, NV. Mr. Lee helps with the deployment and ongoing support of the AlertBoot disk encryption managed service. Prior to working at AlertBoot, Mr. Lee served in the South Korean Navy. He holds both a B.S. and an M.S. from Tufts University in Medford, Massachusetts, U.S.A.