Centennial Software Security Survey Reveals Companies Slow to React to Portable Device Threat

PORTLAND, Ore.--(BUSINESS WIRE)--May 22, 2006--Centennial Software, a developer of endpoint security and IT asset discovery solutions, today released the results of a new endpoint security survey. Designed to evaluate the state of portable storage device security within the corporate network, the survey showed that 91 percent of businesses polled believe portable storage devices (iPods, USB memory sticks, etc.) continue to pose a large security risk to corporate and network integrity. Intriguingly, the results also revealed that only one third of companies polled have taken steps to address this problem: 66 percent of businesses have yet to implement a solution to prevent the unauthorized use of portable storage devices on the corporate network.

"The results of our latest survey show that businesses recognize and understand the portable storage device threat, they just haven't responded to it yet," said Brian McCarthy, Vice President of Marketing at Centennial Software. "Companies have spent billions of dollars on perimeter security only to leave a massive internal vulnerability exposed. The average cost to an organization that falls victim to data theft is estimated at $250,000 -- not to mention the damage caused to its reputation and image. With numbers like that, businesses can't afford to overlook threats associated with portable device management and security."

“The results of our latest survey show that businesses recognize and understand the portable storage device threat, they just haven't responded to it yet”

Centennial's research also showed that 75 percent of those surveyed identified data theft as the primary risk associated with portable storage device usage at work, followed by virus propagation and productivity declines. To address these issues, Centennial DeviceWall offers a unique three-pronged approach to endpoint security that helps prevent data theft by controlling desktop connectivity, managing portable device usage, and protecting mobile data. By automatically encrypting data on flash drives, DeviceWall extends security far beyond the network and protects organizational assets from non-authorized and malicious access. For additional information please visit www.devicewall.com.

About Centennial Software

Centennial Software is a leading developer of IT asset discovery and security management solutions with more than four million licenses sold to blue-chip organizations around the world. The company's solutions are designed to help organizations better manage their IT infrastructure, maintain compliance and reduce operational risks. For more information, visit www.devicewall.com or www.centennial-software.com.