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Credit crunch could lead to data quality breach
Oct 14 2008, 10:45 AM
The credit crunch has resulted in increasing volatility in the financial sector prompting a technology expert to warn companies to go to greater lengths to prevent the compromise of data quality and security, according to hi-techscotland.com.
The comments came from former FBI agent Ed Gibson who now works as chief security advisor for Microsoft.
Despite maintaining that employees were mostly trustworthy, Mr Gibson stated that the threat of job losses and the insecurity felt by people in the work-place could cause an employee facing redundancy to take action to harm the company.
He told the technology website that data integrity software was vulnerable to the intent of people responsible for its implementation. The same people will be influenced by their feelings about their job or towards their employer.
"More often than not it will not be malicious or intentional. But when an individual is worried about their future then that can affect the core business. It's just human nature that they are not going to do as well as usual."
A recent US study entitled the Uncertainty of Data Breach Detection found that 75% of corporate data loss was caused by someone inside the company.
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