SOURCE: MarketResearch.com

MarketResearch.com

February 14, 2013 03:08 ET

Market Research Report -- IT Security Insufficient to Counter Insider Theft of Intellectual Property

ROCKVILLE, MD--(Marketwire - Feb 14, 2013) -  MarketResearch.com has announced the addition of the market research report "IT Security: Insider Theft of Intellectual Property" to their product offering.

This IDC study explores and analyzes the risks of insider theft of intellectual property. IDC finds that potential losses from insider theft of intellectual property can be in the hundreds of millions of dollars, especially when high-value research, pharmaceutical, or electronics data is involved. Such theft usually involves privileged insiders who are paid to support applications, database servers, and network devices that drive business operations. Each of these individuals has a level of access that warrants the installation of protection measures to prevent the theft of information. With the rise in global interoperability and interdependence, security safeguards against harmful acts by privileged insiders are now mandatory for all systems operations.

Firms possessing intellectual property are advised to install countermeasures that prevent, detect, and intercept communications from insiders to any third party that may involve the conveyance of intellectual property. Top management must realize that insider theft cannot be countered solely by information technology. Firewalls or malware protection software are necessary but insufficient to counter insider's exfiltration of intellectual property.

Technical means should be used only for diagnostic purposes. They cannot serve as exclusive countermeasures to prevent insider theft of intellectual property.

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About IDC

IDC is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community make fact-based decisions on technology purchases and business strategy. More than 1000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries worldwide. For more than 44 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company.

About MarketResearch.com

MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Cindy Frei at 240.747.3014 or visit http://www.marketresearch.com.

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