Global businesses appear to be woefully unprepared for the security risks posed by emerging technologies such as cloud computing and social networking, according to the latest research from consultancy Ernst & Young.
The firm's 13th annual Global Information Security Survey found that, despite the rapid spread of such technologies, just 10 per cent of companies think that security teams should examine new and emerging IT trends as a priority.
However, nearly two thirds recognise that a significant increase in the use of external service providers, as well as business adoption of new technologies, will provide an increased risk.
"Technology advances have provided an increasingly mobile workforce with seemingly endless ways to connect and interact with colleagues, customers and clients," said Ernst & Young director Seamus Reilly.
"These advances represent a massive opportunity for IT to deliver significant benefits to the organisation, but new technology also means new risk. It is vital that companies not only recognise this risk, but take action to avoid it. "
UK organisations fared a little better in some areas than their global counterparts in the survey, however.
Globally just 46 per cent of firms intend to increase annual investment in information security, but this rose to 67 per cent for UK participants.
While half of UK companies said that data leakage is their top or second priority, an encouraging 85 per cent have implemented encryption technologies for laptops, compared to 47 per cent globally.
UK respondents also reported higher levels of implementation of key business continuity capabilities, such as having a defined strategy (UK 93 per cent versus 60 per cent globally) and a business continuity testing plan (UK 85 per cent versus 55 per cent globally).
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