Organisations in the US enterprise, education and government sectors want less federal regulation of their handling of sensitive data, research has claimed.
A survey conducted by security appliance vendor Palisade Systems of 71 organisations in the government, university and commercial sectors concerning internal threats to their customers' sensitive data - as well as their own proprietary information - found that a significant number of organisations want less regulation.
Only 50 per cent of government agencies surveyed approved of more government regulations to protect consumers' sensitive data and organisations' proprietary information.
In addition to government agencies, 42 per cent of universities approve of more government regulations pertaining to better protection of sensitive data.
Of the organisations that store, send or access private information, 78 per cent do so with consumers' personally identifiable information or proprietary data, and 84 per cent are required by law or industry regulations to protect client records and information.
The survey found that 83 per cent store, send or access addresses and phone numbers, 67 per cent Social Security numbers, 36 per cent bank account information and 30 per cent credit card numbers.
A substantial majority (76 per cent) of network security professionals questioned by the survey felt that internal threats posed an equal or a greater danger to their organisation compared to external threats.
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