Managing information risk – European business must do better

European companies are improving when it comes to managing information risk, but they must do even better.

PWC and Iron Mountain have published their 2013 Risk Maturity Index, exploring attitudes to information risk and examples of best practice in mid-sized businesses in six countries in Europe (France, Germany, Hungary, Netherlands, Spain and UK*).  Their findings suggest there has been some improvement in attitudes to information risk, but that there is still a long way to go.  Middle sized (250-2,500 employees) European companies are ‘ill equipped’ to navigate the complex information landscape. 

Key findings

  • Awareness of the importance of information risk management is growing 
  • The average number of data breaches is growing 50% per year
  • 35% of companies are keeping all their date ‘just in case’
  • Only 45% of companies have an information risk strategy
  • 45% do not monitor employee social media use 

This is an edited version of a blog post first published on Information Today Europe.  Full post here.

 

 

 

 

 

 

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Posted in Information Risk