Personal data leakage is German scourge 2008

Year 2008 in Germany was remarkable for mass leakage of confidential data from the companies, mostly personal data.

December 13th, thelocal.de informed that Frankfurter Rundschau newspaper received by post the microfilm containing samples of documents with full financial information of the clients of one of the banks of Berlin. The documents contained not only the standard set of data, such as the names, addresses, etc.) but also the numbers of credit cards and pins. The approximate volume of leakage are tens of thousands of compromised data.

In November on the black market appeared the personal data of 21 million of Germans. The journalists were offered to purchase the huge database for 12 million Euro. The CD contained names, addresses, phone numbers, dates of birth, bank account numbers. The scale of leakage is unprecedented.

In October 2008 one of the leading German mobile operators became notorious for the leakage of 17 million data of its customers. The clients’ database contained names, addresses, dates of birth and e-mails.

The CSI Computer Crime & Security Survey, 2008, shows the polled companies registered the data leakage to be the second problem of corporate IT security (44% of polled companies) after the virus attacks (50% of companies) which they face regularly.

At that according to analytic center of InfoWatch, company-developer of data leakage prevention solutions, only no more than 25% of German companies use HTTP traffic monitoring systems for protection from confidential data leakage, and less than 5% use the systems of filtration of outbound e-mails. Comparing this data to the statistics of personal data leakage in Germany in 2008 we can draw a conclusion that the situation with protection of sensitive data in German companies is extremely critical!

World financial crisis accompanied by mass staff reduction makes the problem even worse as the cost of information is rising during the crisis. In such situation correct organization of confidential data protection is crucial for the company’s business. Thereupon InfoWatch announces starting active sales of its solutions for protection of all possible channels of data leakage on the German market at CeBIT 2009.

InfoWatch German sales representative will lead corporate sales of InfoWatch data leakage prevention systems. The company’s clients will get all the package of product’s integration and technical support services which will be provided by InfoWatch jointly with local partners. The partnership program specially developed for German market will allow all InfoWatch partners, such as system integrators and value added resellers, getting access to 7-year’s experience of the company in DLP and cryptographic systems integration. The partnership program participants can install and support InfoWatch products providing all the spectrum of professional services for their customers.

Ilya Shabanov, Head of Marketing Research department: «According to the research of our analytical center, Germany is one of the leading companies in quantity of regularly registered confidential data leaks. In terms of global crisis the cost of each leak grows tremendously for the business. The level of competition, the struggle for each client, and so the cost of fault is rising. German business community has the understanding of the problem and the necessity of applying protection measures, such as integration of full functional DLP solutions. This fact makes us optimistic concerning the potential of the German market».

For 2009 year InfoWatch plans participation in the main German IT events, exhibitions and conferences, conducting its own Roadshows for presentation of InfoWatch products and solutions in Germany, as well as active work with local IT press.

About InfoWatch solutions: At CeBIT 2009 InfoWatch will present the line of solutions jointly implementing the universal concept of confidential data protection in corporate network: InfoWatch Traffic Monitor and InfoWatch Device Monitor – for data protection in all communication channels and InfoWatch CryptoStorage Enterprise – for reliable data encryption. Also CeBIT visitor can learn more about InfoWatch CryptoStorage for home users.

About InfoWatch: InfoWatch is an expert in development of IT security systems and data leakage prevention with a 7 year experience on the market and a 70% share of Russian data leakage prevention market. InfoWatch products minimize the risk of data leakage and destruction, sabotage and industrial espionage and other careless or unauthorized actions of employees with corporate information. At present the company leads expansion into the European markets.

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