The results of a new data security survey of U.S. businesses should not be surprising, but they are certainly alarming. Even though high-profile data breaches such as Target and P.F. Chang's have been in the news since the start of the year, IT executives said their companies' data is not secure.
Cyber-security breaches at major companies grab headlines as legislatures and regulators at the state, federal and international levels develop "rules of the road" for protecting information, especially consumers' personal data. Supply management professionals should be concerned that their systems and/or employees may be exposing their organizations to data breaches - opening the company to lawsuits, governmental enforcement actions and significant reputation damage.
