Survey Name: Microsoft 365 Application Security Data Governance and Shadow IT Report
Survey Size: Five Million workers from enterprises that are actively using its SaaS Management Platform
Survey Date: October 2020
MIT Center for Information Systems Research (CISR) defines IT governance as, “a framework for decision rights and accountability to encourage desirable behavior in the use of IT.” MIT CISR has also found that firms with effective IT governance strategies have 20% higher profits than their competitors.
Simple enough, right?
Many businesses underestimate the security and governance responsibilities they take on when they migrate to Microsoft 365 (M365). In theory, it’s easy to establish a framework for critical IT-related decisions, such as data governance, securing business applications, and prioritizing IT investments and principles. However, many organizations struggle with these fundamental tasks due to three common mistakes:
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Failing to implement basic security practices;
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Giving administrators excessive controls, resulting in increased access to sensitive information; and,
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Investing in productivity and operation applications without considering security implications.