Specific tools are required to measure, understand and address the new security reality, according to a newly released research by BT.
The company has boosted the BT Assure security portfolio which will help organisations to better address a range of security issues and protect the trust required for business to survive in a competitive environment.
This portfolio is expected to mitigate risks posed by several factors including the growing presence of personal devices on corporate networks, the large scale deployment of cloud solutions and the challenges resulting due to the large amounts of unstructured data available on the Web.
BT surveyed over 2,000 users and decision makers across 11 countries for the Rethink the Risk research according to which risks to business are moving very fast.
This fast pace prohibits a purely reactive security approach to be successful.
BT also notes that the traditional secure outer perimeter of enterprise networks no longer exists and emphasises the need for specific tools to measure, understand and address this new security reality.
Four out of 10 companies surveyed said they have experienced security breaches due to people bringing in unauthorised devices.
Cyber security threats, accidental or intentional employee data loss and increasing use of personal devices on employers' networks are the three biggest security risks perceived by IT decision-makers.
Eighty percent of IT decision-makers in Singapore said not all employees recognise the risk to company security that using a personal device in a work context could represent.
Only 27 percent of IT decision-makers in Singapore said they can detect if someone is using an unauthorised device on their system.
BT claims it is addressing the security issues with its new boosted BT Assure security portfolio.
The product suite now offers customers a uniform Web access policy for all remote devices, helps businesses make the right decisions for effective policies, offers a higher-touch, more controls-oriented approach to security incident and event management (SIEM), and establishes a framework touching large populations of mobile devices.
The solution also allows customers and prospects to see how their state of security readiness compares to typical enterprises.
"By promoting intelligence and innovation through our BT Assure portfolio, we help our customers to identify, implement and deliver security where it matters most, building it into the heart of the organisation rather than just bolting it on," said Jeff Kelly, CEO of BT Global Services.
"Trust needs to be backed by a continuous investment programme in skilled people, as well as state of the art global infrastructure and security management systems. This is definitely the time to rethink the risk."
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