Survey: Nearly Half of Canadian Executives Feel their Company's Confidential Data is at Risk



    Poll shows that 48% of Canadian executives are not confident private
    information is secure despite 71% having policies and procedures in place
    to guard against security breaches

    TORONTO, Oct. 24 /CNW/ - The Fusepoint Data Confidence Survey, conducted
by Leger Marketing, reports that a full 85% of working Canadians are concerned
about personal information being stored in online databases and 12% say they
have been a victim of identity theft or know someone who has. Interestingly,
22% of working Canadians admit to taking greater care of their own personal
information than that of their clients or customers, and one in six (17%)
report that their company has been affected by a security breach.
    "Security is not just a technology issue; it's a corporate governance
issue," said George Kerns, President and CEO of Fusepoint Managed Services.
"Many executives are speeding down the information superhighway without a seat
belt and putting businesses and consumers at risk. An ounce of prevention is
worth a pound of protection when it comes to sensitive data."
    Poll results also show that although executives believe that security
threats from external hackers have increased since 2005, internal agents such
as employees who may unknowingly download viruses, spyware, or adware
represent an equal security threat. Additionally, more than two-fifths of
executives (42%) have no idea what the dollar value associated with a security
breach would be to their business.

    
    Protecting Sensitive Information

    While the majority of Canadian businesses use data protection technology,
a significant proportion of businesses are not protecting themselves from the
risk of external attacks on data.

    -   One in five executives at Canadian companies report that their
        company currently does not use anti-virus software and one quarter
        operate without a firewall.
    -   Anti-virus software (80%), firewalls (73%) and monitoring and
        alerting (36%) remain the most commonly used data security measures
        according to executives.
    -   Adoption of security services increases as the company size
        increases.
    -   Two thirds (62%) of executives say that a data security breach will
        impact their brand.
    -   Only two in five (37%) of Canadian executives are very confident they
        are protected against an attack.
    -   Majority of Canadian executives feel personally responsible for data
        security in their company (81%).
    -   In light of recent news headlines about significant security
        breaches, 39% of Canadian executives surveyed admitted to taking no
        action and carrying on with business as usual.

    Security Breaches and Concerns with Sharing Data

    -   One in six (17%) working Canadians report that their company has been
        affected by a security breach.
    -   30% of Canadians working for companies with more than 500 employees
        say their company has been affected by a security breach.

    Canadian Trust in Organizations

    -   According to the survey, online businesses are the least trusted at
        27% when it comes to protecting personal data.
    -   50% of all respondents are not confident that businesses are doing
        all they can to protect consumers' personal information.
    -   78% of working Canadians think that the government should do more to
        protect consumers and a full 38% call for increased legal penalties
        including jail time for negligence.
    -   Trust in government, online businesses and retail have declined the
        most over the last 12 months.
    -   When it comes to providing personal information to companies, 78% of
        working Canadians feel most comfortable doing so in person as opposed
        to over the telephone or internet; with the phone being the least
        trusted at 27%, followed by the internet at 34%.
    

    About the survey

    The online survey was conducted for Fusepoint Managed Services by Leger
Marketing, between July 26 and August 7, 2007, a random household selection
was achieved by inviting men and women full time employees who were over the
age of 18 to complete the survey. Leger Marketing's online panel boasts
approximately 250,000 members nationally - between 10,000 to 20,000 new
members added each month.
    A total of 1200 interviews were completed with All Respondents. The
margin of error for a sample of this size is +/- 2.8%, 19 times out of 20. Of
these, 495 interviews were completed with executives across Canada.

    About Fusepoint Managed Services

    Fusepoint is a leading provider of outsourced managed IT infrastructure
and application services for companies that demand the highest levels of
performance and reliability from their mission-critical systems. With offices
and data centres in Vancouver, Toronto, Montreal and Quebec City, we have
built a loyal base of over 400 customers and strong, strategic relationships
with Canada's leading technology and communication companies. Our solutions
enable organizations to focus on key goals and objectives, while we ensure
their IT infrastructure is "always available" and "always secure".
    Fusepoint's services are SLA-guaranteed, scalable and designed to reduce
cost structures while mitigating risk. Fusepoint is also SAS 70 Type II and
CICA 5970 compliant, which means our processes are rigorously and continuously
audited by an accredited third party and consistently operate at the highest
levels of reliability within the industry.





For further information:

For further information: Jill Yetman, Laura Watton, Environics
Communications, (416) 969-2722, (416) 969-2766, jyetman@environicspr.com,
lwatton@environicspr.com; Roger Hamshaw, Director, Channel Marketing
Fusepoint, (905) 363-3796, roger.hamshaw@fusepoint.com

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FUSEPOINT MANAGED SERVICES

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