Tech pros in healthcare, retail and finance admit they are failing on data compliance

Not enough manpower and too much data growth

Most technology pros charged with maintaining compliance at tightly regulated healthcare, retail and financial organisations admit they are failing.

Dell questioned 200 compliance technology professionals and found the worrying trend in the governance, risk and compliance (GRC) area.

The survey found that 83 percent of respondents believed their organisation's security would be improved if the security and compliance teams worked more closely and shared more information.

Fewer than 50 percent said employees adding new data sources to the environment for compliance and security take the time to inform the security and compliance teams about the new data.

And 59 percent of respondents cited limited manpower and 49 percent mentioned growth in the amount of data, as the number one and two causes for concern in meeting GRC objectives.

Organisations are also concerned about their ability to prevent unauthorised access and changes to sensitive data, setting them up for a potential data breach.

The survey found that 93 percent of respondents are concerned about their ability to prevent unauthorised changes, and 61 percent are concerned about both external and internal unauthorised access.

In addition, organisations are not confident they are capturing all compliance data needed to maintain regulatory standards, and a large percentage have no consistent process for managing the volume of data required for regulatory control.

Less than 50 percent of respondents proactively review or remove data sources that are no longer required, putting a large portion of organisations at a much higher risk of security threats. And only 11 percent of respondents are very confident that their organisation is capturing all the data necessary to detect, investigate and determine the root cause of an incident or data breach

Less than 50 percent of respondents have a "consistent process" in place for adding regulatory data sources.

Tim Sedlack, senior product manager for GRC solutions at Dell, said: "Too often we are seeing security and compliance failures that don't have to happen.

"Regulated industries like healthcare, retail and financial services have a tough road when it comes to meeting their governance, risk and compliance objectives, and our survey results show they are worried about it."

Join the CSO newsletter!

Error: Please check your email address.

Tags Dellsecurity

More about Dell

Show Comments

Featured Whitepapers

Editor's Recommendations

Solution Centres

Stories by Antony Savvas

Latest Videos

  • 150x50

    CSO Webinar: Will your data protection strategy be enough when disaster strikes?

    Speakers: - Paul O’Connor, Engagement leader - Performance Audit Group, Victorian Auditor-General’s Office (VAGO) - Nigel Phair, Managing Director, Centre for Internet Safety - Joshua Stenhouse, Technical Evangelist, Zerto - Anthony Caruana, CSO MC & Moderator

    Play Video

  • 150x50

    CSO Webinar: The Human Factor - Your people are your biggest security weakness

    ​Speakers: David Lacey, Researcher and former CISO Royal Mail David Turner - Global Risk Management Expert Mark Guntrip - Group Manager, Email Protection, Proofpoint

    Play Video

  • 150x50

    CSO Webinar: Current ransomware defences are failing – but machine learning can drive a more proactive solution

    Speakers • Ty Miller, Director, Threat Intelligence • Mark Gregory, Leader, Network Engineering Research Group, RMIT • Jeff Lanza, Retired FBI Agent (USA) • Andy Solterbeck, VP Asia Pacific, Cylance • David Braue, CSO MC/Moderator What to expect: ​Hear from industry experts on the local and global ransomware threat landscape. Explore a new approach to dealing with ransomware using machine-learning techniques and by thinking about the problem in a fundamentally different way. Apply techniques for gathering insight into ransomware behaviour and find out what elements must go into a truly effective ransomware defence. Get a first-hand look at how ransomware actually works in practice, and how machine-learning techniques can pick up on its activities long before your employees do.

    Play Video

  • 150x50

    CSO Webinar: Get real about metadata to avoid a false sense of security

    Speakers: • Anthony Caruana – CSO MC and moderator • Ian Farquhar, Worldwide Virtual Security Team Lead, Gigamon • John Lindsay, Former CTO, iiNet • Skeeve Stevens, Futurist, Future Sumo • David Vaile - Vice chair of APF, Co-Convenor of the Cyberspace Law And Policy Community, UNSW Law Faculty This webinar covers: - A 101 on metadata - what it is and how to use it - Insight into a typical attack, what happens and what we would find when looking into the metadata - How to collect metadata, use this to detect attacks and get greater insight into how you can use this to protect your organisation - Learn how much raw data and metadata to retain and how long for - Get a reality check on how you're using your metadata and if this is enough to secure your organisation

    Play Video

  • 150x50

    CSO Webinar: How banking trojans work and how you can stop them

    CSO Webinar: How banking trojans work and how you can stop them Featuring: • John Baird, Director of Global Technology Production, Deutsche Bank • Samantha Macleod, GM Cyber Security, ME Bank • Sherrod DeGrippo, Director of Emerging Threats, Proofpoint (USA)

    Play Video

More videos

Blog Posts

Market Place