Don’t Stop Halfway – Protecting Intellectual Property and Customer Data
Mark R. Anderson, CEO of Strategic News Service, recently published his top ten IT predictions for 2012. One in particular caught our eye:
IX. Governments and Corporations Focus on IP as though it were their most prized asset. It is. This new global understanding leads to a re-evaluation regarding giving critical IP away for nothing, vs. protecting it. The age of IP Naiveté is over, and the question of proper IP valuation is here. IP starts to be valued not for its replacement value, but for a figure magnitudes larger: its global strategic competitive value. Nation-sponsored IP theft moves from the “nuisance news” category into the “act of military aggression” category, despite a continued inability to track source miscreants.
Intellectual property and the data it is based on are not always top of mind for IT security, but they should be. The news recently has been full of stories about customer information lost in major hacks, but corporate or agency IP is stolen just as often, and can cause more devastating results.
The good news is that the same efforts that protect your customer’s PII also protect your corporate IP. Knowledge of who your users are and what they should be accessing; strong authentication and overall defense in depth, including encryption of data, are the must-do’s of data security.
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