The annual State of the Industry report by information security company Shred-it has found that while most Canadian businesses have welcomed the concept of workplace mobility, they still have much to improve on in terms of data protection.
The report contained the results of a survey conducted by market research company Ipsos, which produced the following key findings:
The study also uncovered that businesses, particularly small entrepreneurships, are not adequately addressing information security risks:
“In an era of increasing workplace mobility and one in which a single data breach can destroy a business’s bottom line and reputation, companies have no choice but to make information security a priority,” commented Shred-it vice-president Paul Saabas.
Saabas additionally pointed out that a company that takes its cyber security seriously is a huge selling point for consumers.
“One of the smartest things a company can do to differentiate itself today is to make data security a core part of its business practices and communicate this to consumers,” he said.