Sara Guo was interviewed at the Cyber Security Summit in Boston this morning. She works for a venture capitalist firm investing in technology companies. She mentioned the companies involvement with two security companies and shocking results from audits of several clients’ information systems.
She said, “There wasn’t a single [company] where we didn’t find bad behavior already… while examining the databases of some of its clients, was able to find a shocking amount of bad behavior that the companies were completely unaware of — including corporate espionage and insider threats.”
Yikes…
https://www.cnbc.com/2017/10/09/greylocks-sarah-guo-us-doest-take-data-security-seriously-enough.html
This is really interesting insight into the reason that IT security is starting to become such an increasingly important field. Threats are becoming more and more sophisticated and many businesses’ personnel and policies are struggling to keep up. The need for both technical expertise and security-conscious administration has become vital to the success of any organization.
Fred,
It is very interesting post especially when the source is someone like Sara Guo which is an investor at venture capital firm Greylock Partners, I think she talks from experience from a results of auditing so many companies that she’s trying to invest on. I do agree that so many companies nowdays are not awarded of the risk of losing data, they give access to all their employees to data including sensitive information.
I think all these companies should train their employees to know how to protect data on top of inverts to secure their data by giving the right access to the right employees.