Loss of business through a security flaw is a scenario most feared by Asian companies. At the same time, they are afraid of the perceived cost involved to correct the flaw. Despite these concerns, 48 per cent of businesses across 9 Asian countries spend less than 5 per cent of their IT budget on security; and over 25 per cent of companies do not have any means of detecting that a security breach has occurred in their database. Moreover, over 54 per cent perform security audits either on a quarterly or annual basis only.
This was the finding of CIO Asias Asia Pacific Enterprise IT Security Study 2009, which polled over 300 companies across Asia Pacific, specifically in Australia (including New Zealand); China (including Hong Kong); India; Indonesia; Korea; Malaysia; Philippines; Singapore;
This finding underscores the lack of understanding of database security measures and of the technologies available to address them. According to IDC, there is much room for improvement as information security is most effective when information is protected and controlled at the source the database. Enterprises must adopt database security best practices to protect the missioncritical enterprise data repositories that represent their lifeblood. The security must be able to prevent the mistaken and inappropriate release of data and foil attackers who are financially motivated and wont be deterred by minimalist security. Database security represents a preemptive approach to data security.
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