Academic journal article Manager

Special Report: Stolen Personal Data on the Rise

Academic journal article Manager

Special Report: Stolen Personal Data on the Rise

Article excerpt

Poor security and a lack of responsibility are putting business data at risk for those working remotely, according to a new report. Workers are taking confidential information away from the office, often without the knowledge of their employer, and losing unsecured and unencrypted business data in

places such as pubs, trains and hotels. What makes these findings even more concerning is that a large proportion of data taken outside the workplace is not adequately secured. As many as three quarters of respondents said they had taken digital files with them outside work, yet many do not use standard security measures such as encryption, password protection or remote wiping to protect the data from unauthorised access. Over a third admitted to losing a device in a public place.

"These figures emphasise the urgent need for businesses to ensure that their employees have the necessary tools to work flexibly and securely, without further hindering productivity," commented Nick Banks from Imation Corp, the company which commissioned the report.

Meanwhile, the illegal online trade in personal information has soared to record highs with more than 110 million pieces of data bought and sold by criminals last year. According to the figures from Experian CreditExpert's web monitoring tool this is an increase of 40 per cent from last year and 300 per cent on the total amount traded in 2012.

Here are six simple steps to stay safe and protected from online security fraud:

1

Make your password pass muster: Elave a secure and unique password for each online account you have such as financial services, retail services and email. …

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