Encryption a Top Priority, and Challenge, for Businesses
More than half (54 percent) responded that their top challenge when implementing encryption is legacy technology and support for encryption.The top reasons for encrypting data include preventing data breaches, fulfilling compliance or audit mandates and protecting financial and other assets, according to a survey of more than 100 information security influencers and decisions makers from Vormetric and IANS. More than half (54 percent) responded that their top challenge when implementing encryption is legacy technology and support for encryption. Other roadblocks include the cost of encryption technology (52 percent) and worries about impact on performance (44 percent). Overall, 84 percent of respondents said they had considered a security strategy of encrypting all sensitive data. "As I see it, small businesses are lacking their own data centers and IT professionals to manage infrastructure and have some big challenges with encryption--- understanding where they must use it, how to manage it and how to make sure that it doesn’t hinder their operations," Derek Tumulak, vice president of product management at Vormetric, told eWEEK. "It’s one reason that small businesses are increasingly relying on SaaS and other service providers to handle their needs. The challenge then becomes smaller."
Encryption and other cryptographic technologies are basic building blocks within a larger, layered IT security strategy, he said. "It’s clear that there are multiple needs for these technologies across enterprises, with a multiplying set of use cases to protect sensitive data, as more information is collected, stored and used throughout enterprises to enable business and services."