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INDUSTRY REPORTS


Data Encryption market 2007

24/10/07

Research by the Aberdeen Group shows that a strategic encryption approach increases the protection of sensitive data and reduces data security incidents.

Aberdeen's latest research found that the top 20 percent of surveyed organisations had made significant strides in data protection compared to a year ago:

- 64% increased the total percentage of sensitive data identified

- 82% decreased the number of data security incidents due to inconsistent encryption and key management policies

- 72% increased their ability to provide reliable access to data by reducing mismanagement of encryption keys

According to the new research, these forward thinking organisations were 1.6 times more likely to take a strategic approach to data protection by adopting an enterprise-wide policy of encryption and key management.

"It's clear that adopting a strategic approach to encryption and key management is enabling enterprises to increase the protection of data and operate more efficiently," explained Derek Brink, VP & research director, IT Security at Aberdeen Group, who developed the research. "The trend being established by 'best-in-class' organisations is toward a comprehensive, managed approach to encryption and away from individual, point applications. These organisations are setting the direction for the rest of the industry to follow."

The Aberdeen Group's research also found that "best-in-class" organisations were 1.9 times more likely than other groups to take a data-centric approach to securing data. This approach, referred to as Enterprise Data Protection, focuses on securing the data itself rather than relying on network defences.

"This study by the Aberdeen Group reaffirms what our own research and customers have been saying all along - Enterprise Data Protection through encryption and key management is the best option available to secure data anywhere it goes," said Phil Dunkelberger, president and CEO of PGP Corporation. "Leading IT organisations and industry experts agree that the PGP Universal Platform provides a much-needed, comprehensive solution for today's most complex data security problems."

To obtain a copy of the report, go to http://www.pgp.com/downloads/research_reports/encryption_key_management.html


Nick Gibson, editor


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