SANTA CLARA, Calif. -- McAfee, Inc. (NYSE: MFE) today revealed findings from new research which shows that businesses have reached a compliance breaking point and that organizations are finding themselves more vulnerable to reputation risk due to new compliance-related legislation emerging throughout the world.
The report, commissioned by McAfee and conducted by Dr. Jonathan Liebenau, senior lecturer in Information Systems, Department of Management at the London School of Economics (LSE), suggests that businesses are struggling to put the necessary IT security resources in place to comply with government regulations. Titled 'International Perspectives on Information Security Practices,' the research - believed to be the first of its kind - warns that a firm's reputation could be damaged by disclosure laws now in force in the U.S. that look set to become more widespread worldwide.
The report also reveals that many businesses are reliant on a very limited number of specialists who can manage information risks and understand compliance. Companies that lose these internal capabilities often struggle to find replacements either on the labor market or through outsourcing.
McAfee Inc. (NYSE: MFE)