The growth of cloud and mobile computing, the ease of file sharing and the variety of collaboration methods, applications and devices have all contributed to the frequency of data leakage incidents.

More than 80% of survey participants said they were aware of data leakage incidents in their organizations according the 2015 State of File Collaboration Security report published by San Jose, Calif.-based cybersecurity firm FinalCode, Inc.

The report revealed the protection of sensitive, confidential, and regulated data within files being shared both internally and externally remains a significant source of exposure.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).