Data Theft Prevention: Companies Lack Policies, Knowledge

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A study published in July by information law firm Kilpatrick Townsend & Stockton and the Ponemon Institute revealed rampant data theft within companies. Yet organizations struggle to protect the information they have, and they're challenged to figure out what data needs protecting the most.

The survey received responses from more than 600 individuals with knowledge of how their respective companies manage data. Nearly three quarters of respondents (74%) said they consider it likely their company failed to detect a data breach involving a loss of knowledge assets.

Survey respondents do not put much stock in their companies' ability to deal with such breaches. Only 28% believe their companies can mitigate data breach damage.

Jon Neiditz, co-leader of Kilpatrick Townsend's cyber-security, privacy, and data governance practice, characterized the study as a call to action.