In a recent survey of 115 UK executives, all reported attacks targeting corporate data within the past year, and 77 percent reported their organizations have experienced a data breach in the past. InformationWeek reports that the study, which was conducted by the Ponemon Institute and sponsored by IBM, reveals growing concern about data protection. The survey indicates that more than 27 percent of the respondents doubt their organizations could avoid a data breach in the next 12 months. According to the survey, data protection initiatives result in an average cost savings or revenue improvement of £11 million ($16 million), the report states.
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