Companies have to accept that governments and criminals will seek their data, and they should instead work on mitigating the risks from intrusions, experts told the Wall Street Journal’s Risk & Compliance Journal. Their remarks come after two separate reports Monday from Kaspersky Lab ZAO, a Russian computer-security firm, detailing efforts utilizing malware to exploit computers across the globe. One of the experts featured in the article, written by Samuel Rubenfeld, is Protegrity CEO Suni Munshani, who said:
“Organizations need to change the assumption or the illusion that they are protected from data theft and instead accept that malware already resides on their networks,” said Suni Munshani, the chief executive of Protegrity Corp., a Connecticut-based company that provides data-security software and services.
“With that recognition, the defense should be focused on protecting the data at its core,” he said, pointing to encryption as the only way to secure sensitive data and get ahead of attackers.
“Now is the time for companies to stop living in the past,” said Mr. Munshani.
The full article is available here (subscription required).