Global Study Shows Millennials and GDPR Are Driving the Need for a New IT Security Framework
April 04 2017 - 8:00AM
Business Wire
55 percent of respondents believe Millennial
employees may pose the biggest security risk says IT survey from
Citrix and The Ponemon Institute
According to a recent survey by the Ponemon Institute and
Citrix, there are two major IT security risks that enterprises need
to prepare for – Millennials and the impending General Data
Protection Regulations (GDPR). The global study of more than 4,000
IT, security, and business professionals found that Millennials
bring a growing number of mobile apps, devices and new methods of
information sharing and collaboration that pose new security risks
for businesses. The study also found that most enterprises are
skeptical of their ability to meet the stringent security and
compliance requirements of the proposed GDPR.
Generational differences increase security risk
The modern workforce is composed of three different generations
and each has different views on information sharing, collaboration,
technology, and the role security plays in each. The global study
shows that each generation is also susceptible to different kinds
of security vulnerabilities:
- 55% of security and business
respondents said that Millennials, born 1981-1997, pose the
greatest risk to circumventing IT security policies and use of
unapproved apps in the workplace.
- 33% said Baby Boomers, born 1946-1964,
are most susceptible to phishing and social engineering scams.
- 32% said Gen Xers, born 1965-1980, were
most likely to circumvent security policies and use unapproved apps
and devices in the workplace.
Regulations are forcing more security requirements
With the GDPR set to go into effect May 2018, the European Union
(EU) has taken a step toward protecting business information and
employee data as workers traverse digital and physical borders
around the world. GDPR will impact businesses worldwide, including
any organizations inside and outside the EU that share data or sell
products or services in the region. As businesses prepare, a few
hurdles need to be overcome. The study from Citrix and the Ponemon
Institute found that 67% of global business respondents are aware
of GDPR, but only about half have started to prepare for these new
regulations. The most significant barriers are:
- Companies who do business in Europe
need to adapt: 74% of respondents say GDPR will have a
significant and negative impact on business operations. 65% are
worried about the new penalties of up to 100 million euros or 2 to
4% of annual worldwide revenue.
- Technologies need to protect all
information, everywhere: 52% of respondents do not feel that
their security infrastructure facilitates compliance and regulatory
enforcement with a centralized approach to controlling, monitoring
and reporting of data.
- Thinking globally: 53% are
concerned with the increased global effects GDPR will bring,
impacting more businesses, including many outside the EU.
Breaking down the barriers
Citrix CSO Stan Black and CMO Tim Minahan offer advice on how
organizations can implement the right infrastructure for their
business:
Stan Black, Citrix CSO
“Everyone is susceptible to a security breach. Organizations
can’t afford to take their time when implementing smart security
strategies. Security is a global concern and whether you’re a large
government organization or a small business, the time to act is
now. While these more strict regulations are being put into place,
take a strategic approach, look at the big picture, educate your
workforce to create a security-aware culture, and find
comprehensive solutions that adhere to the unique needs of your
business. The security architecture of the future is one that is
predictive, adaptive, and embraces the benefits of emerging
technologies to solve security business challenges.”
Tim Minahan, Citrix CMO
“As digital transformation has evolved the workplace to be
everywhere, access is no longer limited to enterprise networks. And
while the modern workforce is more flexible and productive,
traditional security approaches also need to evolve. Data crosses
digital borders every minute and security architectures need to
take into account this blending of personal and professional lives.
A smart security architecture also takes into account the needs of
the workforce, including generational differences, to eliminate
security threats that should be easy to control so businesses can
focus on their business and customers.”
Survey Methodology
The report conducted by the Ponemon Institute and sponsored by
Citrix, The Need for a New IT Security Architecture: Global Study
looked at global trends in IT security risks and reasons why
security practices and policies need to evolve in order to handle
threats from disruptive technologies, cybercrime and compliance
mandates. The research features insights from more than 4,200 IT
and IT security practitioners in Australia/New Zealand, Brazil,
Canada, China, Germany, France, India, Japan, Korea, Mexico,
Netherlands, United Arab Emirates, United Kingdom and the United
States.
Related Links
- Citrix Blog: GDPR Compliance:
Redefining the price of privacy
- Infographic: The Security Compliance
Countdown
- Full Reports: The need for a new IT
security architecture: Citrix Ponemon Study
- Announcement: Global Study Confirms
Security Technology Outdated and Inadequate to Handle Today’s
Threats
- Announcement: Global Survey Shows that
83 Percent of Business Respondents Say Their Company is at Risk
Because of Organizational and IT Complexities
Follow Citrix
- Twitter: @Citrix
- Facebook: Citrix
About Citrix
Citrix (NASDAQ:CTXS) aims to power a world where people,
organizations and things are securely connected and accessible to
make the extraordinary possible. Its technology makes the world’s
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portfolio of Workspace-as-a-Service, application delivery,
virtualization, mobility, network delivery and file sharing
solutions that enables IT to ensure critical systems are securely
available to users via the cloud or on-premises and across any
device or platform. With annual revenue in 2016 of $3.42 billion,
Citrix solutions are in use by more than 400,000 organizations and
100 million users globally. Learn more at www.citrix.com.
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Citrix Systems, Inc.Jamie Lasecke,
+1-408-790-8775Jamie.Lasecke@Citrix.comTwitter: @CitrixPR
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