Research Finds 80 Percent Of Companies Do Not Use The Cloud Services They Want Due To Security Fears

PRESS RELEASE

NEW YORK, July 17, 2012 – Research conducted by Varonis Systems Inc. (http://www.varonis.com), the leading provider of comprehensive data governance software, has found that while 80 percent of companies do not allow their employees to use cloud based file synchronization services, 70 percent of companies would use these services if they were as robust as internal tools. For the research, decision makers were interviewed about the emerging shift from Bring Your Own Device (BYOD) to Bring Your Own Services (BYOS).

The results indicate that while the vast majority of organizations would like to harness the power and ease that file synchronization technology could give them, only 20 percent currently allow these services due to fears of data leakage, security breaches and compliance issues. To protect themselves against these threats, 59 percent of organizations use a combination of policy backed up with blocking techniques to stem the tide of enterprise files spilling onto external servers and devices. A further 20 percent rely on policy alone to stop the mass leakage of proprietary and regulated data.

In stark contrast, a significant fifth of companies have no measures in place at all to prevent their staff from accessing file synchronization tools, leaving their employees free to take confidential data outside the company with them. Of this fifth, an astonishing 70 percent were seemingly not concerned about having no controls in place to defend themselves against critical information leakage or loss.

With BYOS threatening to sweep past all company defenses and carry away the company data, the reaction seems two-fold: while the majority of companies block file synch services completely, the rest leave their employees free reign.

David Gibson, VP of strategy at Varonis said, “As workers are increasingly required to divide their time between working on the move, at home and in the office, companies and employees alike yearn for the ease of use and convenience of file synch services. Even organizations that block these services may have employees using them when they’re not connected to the corporate network, breaching the defenses of a corporation and introducing a host of new vulnerabilities. The challenge is to provide companies with a service that has the robust controls of its internal system while empowering staff to do their work wherever, whenever and from whichever device they need.”

To download the full Cloud Synchronization Services Research report, visit http://hub.varonis.com/BYOSSurvey

About Varonis Systems

Varonis is the leader in unstructured and semi-structured data governance software. Based on patented technology and a highly accurate analytics engine, Varonis solutions give organizations total visibility and control over their data, ensuring that only the right users have access to the right data at all times from all devices, all use is monitored, and abuse is flagged.

Varonis makes digital collaboration secure, effortless and efficient so that people can create and share content easily with whom they must, and organizations can be confident their content is protected and managed efficiently.

Voted one of the "Fast 50 Reader Favorites" on FastCompany.com, and winner of the SC Magazine Innovation, Product or Service of the Year, and Best Network Security Awards, Varonis has more than 4,500 installations worldwide and is headquartered in New York, with regional offices in Europe, Asia and