Digital Guardian Announces Inaugural DG Data Trends Report Which Highlights the Increased Risk of Data Loss Due to Coronavirus-Induced Remote Work

By Staff 5 years ago

Report warns hundreds of terabytes of potentially sensitive corporate data is now stored on USBs located in employee homes and apartments

WALTHAM, Mass.–(BUSINESS WIRE)–Digital Guardian today announced that it has released a new research report, The DG Data Trends Report, which assesses the risk of sensitive data loss during the COVID-19 crisis. The research is based on aggregated and anonymized data from nearly 200 customers of Digital Guardian’s Managed Security Program around the globe. It represents a wide range of organization sizes and industries, including financial services, manufacturing, healthcare, and business services. As they continue to work from home, employees from these companies regularly interact with regulated and structured data as well as unstructured intellectual property and trade secrets.

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The data set analyzed was from January 1 – April 15, 2020 and comparative data was evaluated from January 1 – February 29, 2020 (before the global onset on COVID-19) vs. March 1 – April 15, 2020 (after the COVID-19 pandemic came to the forefront). This enabled Digital Guardian to compare data egress patterns before and after the work from home transition took place and gauge its impact on the risk of sensitive data loss, now and in the future.

Key Findings:

  • There was a 123% increase in the volume of data downloaded to USB devices by employees after the pandemic declaration and working from home became widespread. 74% of that data had been classified by organization data governance policies.
  • Cloud storage and USB devices became the most preferred egress paths after the COVID-19 emergency declaration, accounting for 89% of all data egressed.
  • Data egress via all paths (email, cloud, USB, etc.) was 80% higher in the first month following WHO’s COVID-19 pandemic declaration. More than 50% of the data egressed was classified.
  • From March 11 – April 15, employees uploaded 336 TB of data to the cloud, a 72% increase from January and February combined.
  • After the WHO’s declaration, Digital Guardian’s Managed Detection & Response analysts also saw a 62% increase in malicious activity from external attackers, a number that corresponded to a 54% increase in incident response investigations required.

IT and security professionals should pay particular attention to the significant uptick in USB device usage as they inherently increase the risk of sensitive data loss due to their portability and likelihood of being misplaced, lost or stolen.

“Organizations have accepted that the economic and health effects of COVID-19 will be with them for the foreseeable future and working from home will remain a requirement for many of their employees,” said Tim Bandos, VP, Cybersecurity, Digital Guardian. “Our research indicates remote employees are egressing classified data at unprecedented rates across all egress paths. Executives and security teams would be wise to consider implementing solutions that provide visibility into this behavior, and a means to control it, in order to avoid a potential data breach.”

The DG Data Trends Report contains more in-depth information, including statistics on additional data egress channels and points of risk that were monitored, a primer on data security enforcement actions, examples of COVID-19 phishing attacks, as well as recommendations to protect remote workforces.

To receive your complimentary copy of the DG Data Trends Report, please visit: https://info.digitalguardian.com/research-report-dg-data-trends-report.html

About Digital Guardian

Digital Guardian is no-compromise data protection. The company’s cloud-delivered data protection platform is purpose-built to stop data loss by both insiders and outsiders on Windows, Mac and Linux operating systems. The Digital Guardian Data Protection Platform performs across the corporate network, traditional endpoints, and cloud applications. For more than 15 years, we have enabled data-rich organizations to protect their most valuable assets with a choice of SaaS or fully managed deployment. Digital Guardian’s unique policy-less data visibility and flexible controls enable organizations to protect data without slowing the pace of their business. To learn more please visit: https://digitalguardian.com/

Contacts

Gregory Funaro

gfunaro@digitalguardian.com
781-902-5649

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