Study Finds Majority of Managers Don't Know Where Company Data is Located

New research suggests that higher ups holding positions in senior management either don't know where their company's data resides, or aren't sure. That might not be surprising to folks who find themselves continually frustrated trying to communicate with decision makers who seem disconnected from day-to-day operations, but it's alarming nonetheless.

Varonis Systems, a U.K. provider of comprehensive data governance, conducted the study in which 67 percent of respondents said senior management was clueless regarding the whereabouts of company data. What's more, 74 percent of organizations reported not having a process in place for tracking which files have been placed on third party cloud digital collaboration and storage services.

Image Source: Flickr (Glenn Batuyong)

"The results clearly show a lack of control by those organizations that have adopted cloud file sync services," said David Gibson, VP of Strategy at Varonis. "The most disturbing findings were the number of companies that report they have no way to track what data is being stored in the cloud, no process to manage access to that data (or plans to do so), and that management doesn’t know where enterprise data is stored. This should act as a wakeup call for organizations to develop a conscious strategy to ensure secure collaboration as quickly as possible."

The widespread lack of control, or even knowledge of where sensitive company data resides, means that company files are essentially up for grabs, Varonis says.