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Home»Science/Tech & Innovation/R&D»2024: Key data security insights from Forrester’s survey
Science/Tech & Innovation/R&D

2024: Key data security insights from Forrester’s survey

Abdallah el-KurebeBy Abdallah el-KurebeDecember 27, 2024Updated:December 27, 2024No Comments3 Mins Read
Data protection
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Sensitive data is no longer limited to regulated information such as personally identifiable information (PII), personal health information (PHI), or cardholder data. The landscape now includes employee communications, IoT sensor data, algorithms, AI models, and even emojis. This data exists across databases, endpoints, cloud environments, and data lakes. Security professionals must adapt to this evolving data landscape to mitigate risks effectively.

Hybrid work environments: A major attack surface

The shift to hybrid and remote work has expanded attack surfaces. According to Forrester’s Security Survey 2023, 21% of enterprise breaches in the past year originated from external attacks targeting employees’ remote work environments. These include unmanaged devices and edge devices like routers, which are often exploited by threat actors. Other significant breach causes included external attacks targeting organizations (28%), internal incidents (22%), and breaches within external ecosystems (19%).

Regional variations in data breach patterns

Data breach trends vary significantly across regions. In Asia Pacific, breaches of PII, authentication credentials, and PHI are particularly prevalent, driven by geopolitical factors and nation-state espionage. North America and Europe report lower instances of account number breaches compared to Asia Pacific, underscoring regional differences in attack patterns.

Corporate data breaches: Financial data at risk

Financial data remains the most commonly compromised corporate asset, especially in North America (31%) and Asia Pacific (38%). Intellectual property breaches also rank high, with significant incidents reported globally. Attackers are often motivated by financial incentives, using stolen data for extortion, insider trading, or public exposure.

Impact of breaches: Business interruptions and increased spending

Post-breach repercussions include disruptions to corporate processes, data manipulation, and theft. Organizations have responded by increasing investments in incident response technologies, detection tools, and cybersecurity staff. Forrester’s data shows that spending on new technologies rises significantly after breaches involving both personal and corporate data.

Data security preferences: Built-in vs. standalone solutions

Organizations globally rely on built-in data security capabilities from platforms like Microsoft and Google. In Asia Pacific, 41% of enterprises favor Microsoft’s tools, while North America shows a strong preference for Google’s capabilities. However, standalone solutions are often preferred for their robust functionality and cross-platform policy management.

Adoption of data loss prevention (DLP)

DLP technologies are widely adopted across regions, with email and endpoint DLP usage especially high in North America and Asia Pacific. These tools help enforce compliance with regulations like GDPR and address insider risks.

Future investments driven by privacy compliance

Privacy regulations are prompting organizations to increase their data security budgets. Over 75% of enterprises in North America, Asia Pacific, and Europe plan to enhance their data security controls within the next year.

As the data landscape grows increasingly complex, organizations must stay vigilant, leveraging both traditional and innovative approaches to protect sensitive information.

data Security Forrester’s survey
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