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Code42 Highlights Findings from its 2018 Data Exposure Report During Live Webinar

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Research reveals 72 percent of CEOs lift corporate IP from former
employers and other data security realities

Code42,
a leading data security company, today announced that it will host a
live, complimentary webinar, featuring the findings of its recently
released 2018 Data Exposure Report. The research reveals surprising
truths about how human behavior drives data security vulnerabilities
despite the billions companies spend on data loss prevention. Ideal for
IT and security leaders and analysts, the webinar, "Data Security
Disconnects: 2018 Data Exposure Report," will be hosted by Code42 Vice
President of Product Marketing Mark Wojtasiak. Registration
for the webinar, which takes place Wednesday, Aug. 15, from 1-1:30 p.m.
CDT, is now open.

During the webinar, Wojtasiak will talk about risky data security
practices in the C-suite, data visibility challenges, cryptocurrency
stockpiling, and why prevention-only data security strategies are no
longer enough. Research highlights include:

  • Almost three-quarters (72 percent) of CEOs admit they've taken
    valuable intellectual property from a former employer. Yet 78 percent
    of CEOs agree that ideas, in the form of IP, are still the most
    precious asset in the enterprise.
  • While 80 percent of CISOs agree that "you cannot protect
    what you cannot see," business leaders think otherwise. The majority
    of business leaders (82 percent) believe that IT can protect
    data they cannot see.
  • Among CISOs, 64 percent believe their company will have a public
    breach in the next 12 months, which has led nearly 73 percent of CISOs
    to stockpile cryptocurrency to pay cybercriminals.
  • Three-quarters of CISOs (75 percent) and 74 percent of CEOs believe
    their security strategies need to change from prevention-only to
    prevention-and recovery-driven security.

The Code42 2018 Data Exposure Report includes feedback from nearly 1,700
security, IT and business leaders from the U.S., U.K. and Germany. For
more educational content on data security best practices, Code42 offers
a variety of on-demand
webinars
, including: "Move
Forward Faster – Accelerating Incident Response with Forensic File Search
,"
"Spot
Risk Sooner – User Behavior Study Reveals Gaping Holes in InfoSec
"
and "Be
Prepared – GDPR 72-Hour Breach Notification Rule."

About Code42
Code42, a leading data security company,
secures the ideas of more than 50,000 organizations worldwide, including
the most recognized brands in business and education. Because Code42
collects and indexes every version of every file, the company offers
security, legal and IT teams total visibility and recovery of
data–wherever it lives and moves. With real-time alerts and forensics,
these teams can easily detect, investigate and rapidly recover from any
data incident, such as ransomware, lost or stolen devices, and insider
threats. Supported by a global state-of-the-art cloud infrastructure,
the Code42 platform safeguards hundreds of petabytes of data and helps
organizations comply with evolving regulatory requirements.

Founded in 2001, the company is headquartered in Minneapolis, Minnesota,
and backed by Accel Partners, JMI Equity, NEA and Split Rock Partners.
For more information, visit code42.com,
read Code42's
blog
or follow the company on Twitter.

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