Subscribe free to our newsletters via your
. Energy News .




TRADE WARS
Trade secrets theft linked to ex-employees: study
by Staff Writers
Washington (AFP) Feb 6, 2013


A big source of theft of corporate data and trade secrets is former employees of the company, a research report said Wednesday.

The survey by the security firm Symantec found that half of employees who left or lost their jobs in the last 12 months kept confidential corporate data, and 40 percent plan to use it in their new jobs.

"This means valuable intelligence is falling into the hands of competitors," said Symantec's Robert Hamilton in a blog post accompanying the report.

"Ultimately, this puts everyone at risk -- the employee who takes the IP (intellectual property), the organization that invested in it and the new employer who unwittingly receives it. Everyone can be held accountable, and no one wins."

Hamilton said it was "startling" that many employees "don't think taking corporate data is wrong. Sixty-two percent of employees think it's acceptable to transfer corporate data to their personal computers, tablets, smartphones and cloud file-sharing apps. And once the data is there, it stays there -- most employees never delete it."

He added that "underlying this belief is a lack of understanding who owns the IP. The survey shows that employees attribute ownership of IP to the person who created it" and that companies fail to clearly indicate that they own the data.

Symantec said the report highlights that corporate security must consider how to deal with the threats from within.

"Companies cannot focus their defenses solely on external attackers and malicious insiders who plan to sell stolen IP for monetary gain," said Lawrence Bruhmuller, Symantec's vice president of engineering and product management.

"The everyday employee, who takes confidential corporate data without a second thought because he doesn't understand it's wrong, can be just as damaging to an organization."

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
China, India tourists triple Australian visits
Sydney (AFP) Feb 6, 2013
Australia's strong dollar has done little to dampen its popularity with Chinese and Indian visitors, with tourist numbers from those countries tripling in the past decade, data showed Wednesday. The Australian Bureau of Statistics said there were 630,000 visits from Chinese tourists in 2012 compared with 190,000 in 2002. Indian visits went from 45,000 to 160,000 in the same period. "Desp ... read more


TRADE WARS
Diageo Transitions to 100 Percent Renewable Electricity at its North American HQ

China plans stricter fuel standards after smog

Outside View: Energy realism

Obama's energy secretary stepping down

TRADE WARS
Iran slams new 'hostile' US sanctions on oil exports

Technip to build pipe at Gannet platform

Lebanon's plans for gas boom falter

Japan's TEPCO to buy 800,000 tonnes of LNG from US

TRADE WARS
Sabotage may have felled U.K. wind turbine

Hgcapital And Blue Energy Agree UK Wind Farm Investment Deal

Japan plans world's largest wind farm

China revs up wind power amid challenges

TRADE WARS
India's solar program a trade issue

US challenges India at WTO over solar panel rules

Apple hints at solar-powered iPhone

SunPower and US Bancorp to Finance Residential Solar Lease Projects

TRADE WARS
World's First AP1000 Containment Vessel Top Head Ready

Westinghouse Commits To Czech Steel For AP1000 Plants At Temelin

Centrica makes U-turn on British nuclear plant plan

Fukushima operator TEPCO projects $1.29 bn year net loss

TRADE WARS
Reaping Profits from Landfill Biogas

Versalis and Yulex partner to produce guayule-based biorubbers

Agricultural Growth in Chinese Desert Offers Opportunities For Economic Value and Better Ecology

Biofuels Blend Right In

TRADE WARS
Reshuffle for Tiangong

China to launch 20 spacecrafts in 2013

Mr Xi in Space

China plans manned space launch in 2013: state media

TRADE WARS
Could the humble sea urchin hold the key to carbon capture?

Energy leaders say climate crisis more urgent

Understanding the historical probability of drought

Climate change clues from tiny marine algae -- ancient and modern




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement