Software audits have been a hot topic in the news for years. The anticipation of a software audit can be very stressful and overwhelming for some organizations. According to a Gartner study undertaken over a six-year period, 68 percent of organizations receive at least one audit letter each year.
On top of this, the Business Software Alliance (BSA) reports that damages for non-compliant software use can rise to $150,000 for each product infringement. According to BSA, an alarming 37 percent of software installed is unlicensed.
But, there is also the security concern that unlicensed and un-managed software brings to your environment.
BSA, in partnership with IDC, conducted a Global Software Management Survey which revealed that 54 percent of CIOs around the world cited cyber security risks as the number one reason to avoid unlicensed software, with the risk of legal issues being second. Furthermore, 46 percent cited loss of corporate/personal data as their top concern regarding malware effects from unlicensed software. As a result, the number of CIOs who have a formal written policy about the use of licensed software has jumped from 41 percent in 2015 to 54 percent this year.