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Aberdeen Group Research Reveals Increased Use of Encryption by Top Performing, Best-in-Class Companies
Thursday, November 20, 2008
Benefits Include Cost Savings and Ease of Management
MENLO PARK, Calif., Nov. 20 /PRNewswire/ -- PGP Corporation, a global
leader in enterprise data protection, today announced that the results of
third-party research conducted by the Aberdeen Group show that the use of
encryption to protect sensitive data in the enterprise is becoming even more
pervasive, especially among top performing companies. The study concluded that
the major drivers for this growth include lower cost for implementation and
increasing ease of management.
Aberdeen's latest research found that the top 20 percent of surveyed
organizations had made significant strides in their data protection strategy
in the past year. Best-in-Class organizations had the greatest year-over-year
reductions with regard to the number of data loss or data exposure incidents,
as well as audit deficiencies related to data protection the time and cost
required to address them. Additionally, these organizations supported
encryption across the board and at a much higher scale.
According to Aberdeen's research, "Companies with top performance at
managing encryption currently support encryption in about 40 percent more
applications than their counterparts, with about 11.5-times more encryption
keys under management. Most importantly, they have done so at a significantly
lower total cost: 10 percent less in absolute terms; 36 percent less in terms
of average cost per encryption-enabled application; and 92 percent less in
terms of average cost per key under management."
"Too often, the desire to safeguard the organization's critical data is
seen to be a gating factor, rather than an enabler, to the needs of the
business. On the other hand, an overly aggressive drive to expand access to
sensitive information can expose the organization to unacceptable levels of
risk," said Derek E. Brink, vice president and research fellow for IT
Security, Aberdeen. "Companies with Best-in-Class performance in managing
encryption have achieved both data access and data protection, supporting
higher scale at lower total cost."
Additional findings in the report shared that the pressures of increased
industry regulations and the mobility of sensitive information correlated with
the more widespread deployment of encryption. The drivers of increasing
customer confidence and protecting the brand were also strongly noted. The
leading strategies driving current investments in safeguarding critical data,
as identified by enterprises with top performance, included the following:
-- Protect data at rest in back-end systems (e.g., storage/backup systems,
databases, applications) - 39%
-- Sustain security and compliance requirements for data protection, while
reducing the total associated costs - 39%
-- Protect data-in-use on endpoint systems - 28%
-- Protect data-in-motion on the network - 28%
-- Monitor for the transmission of sensitive data in real time - 28%
The Aberdeen Group's research also found that "Best-in-Class"
organizations were 1.9-times more likely than other groups to take a
data-centric approach to securing data. This approach, referred to by PGP
Corporation as Enterprise Data Protection, focuses on securing the data itself
rather than relying on network defenses.
"The latest findings by the Aberdeen Group confirm what we've been telling
our customers for years - a strategic encryption strategy will defend your
data and save critical budget dollars in the long run," said Phillip
Dunkelberger, president and CEO of PGP Corporation. "With regulatory
compliance, increased mobility and brand protection continuing to be the top
drivers to deploying encryption, best-in-class companies need to consider how
best to manage their encryption keys strategically and holistically across the
enterprise."
To obtain a copy of the report, please visit:
http://www.aberdeen.com/link/sponsor.asp?spid=30410182&cid=5354
To view a complimentary 30-minute webcast highlighting key findings from
the report, please visit: http://www.brighttalk.com/webcasts/1393/attend
About the PGP Encryption Platform
The PGP Encryption Platform lowers operational costs and accelerates
application deployment through a single management console. The platform
provides a strategic enterprise encryption framework for shared user
management, policy, and provisioning automated across multiple, integrated
encryption applications. The platform also integrates with third-party
enterprise solutions, including directory services and PKIs as well as email
hygiene and outbound content compliance solutions.
About Aberdeen Group, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market
intelligence that delivers demonstrable results. Having benchmarked more than
30,000 companies in the past two years, Aberdeen is uniquely positioned to
educate users to action: driving market awareness, creating demand, enabling
sales, and delivering meaningful return-on-investment analysis. As the
trusted advisor to the global technology markets, corporations turn to
Aberdeen(TM) for insights that drive decisions.
As a Harte-Hanks Company, Aberdeen plays a key role of putting content in
context for the global direct and targeted marketing company. Aberdeen's
analytical and independent view of the "customer optimization" process of
Harte-Hanks (Information - Opportunity - Insight - Engagement - Interaction)
extends the client value and accentuates the strategic role Harte-Hanks brings
to the market. For additional information, visit Aberdeen
http://www.aberdeen.com or call (617) 723-7890, or to learn more about
Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.
About PGP Corporation
PGP Corporation is a global leader in email and data encryption software
for enterprise data protection. Based on a unified key management and policy
infrastructure, the PGP(R) Encryption Platform offers the broadest set of
integrated applications for enterprise data security. PGP(R) platform-enabled
applications allow organizations to meet current needs and expand as security
requirements evolve for email, laptops, desktops, instant messaging,
smartphones, network storage, file transfers, automated processes, and
backups.
PGP(R) solutions are used by more than 80,000 enterprises, businesses, and
governments worldwide, including 95 percent of the Fortune(R) 100, 75 percent
of the Fortune(R) Global 100, 87 percent of the German DAX index, and 51
percent of the U.K. FTSE 100 Index. As a result, PGP Corporation has earned a
global reputation for innovative, standards-based, and trusted solutions. PGP
solutions help protect confidential information, secure customer data, achieve
regulatory and audit compliance, and safeguard companies' brands and
reputations. Contact PGP Corporation at http://www.pgp.com or +1 650 319 9000.
Media & Analyst Contacts for PGP Corporation:
North America
Tom Rice
Merritt Group
+1 703 856 2218
rice@merrittgrp.com
Christina Grenier
PGP Corporation
+1 650 543 3697
cgrenier@pgp.com
United Kingdom
Jacqui Depares / Richard Scarlett
Johnson King
+44 (0) 20 7401 7968
pgpteam@johnsonking.co.uk
Germany
Ingrid Daschner
Johnson King
+49 (0) 89 8940 8511
ingridd@johnsonking.de
PGP and the PGP logo are registered trademarks of PGP Corporation. Product
and brand names used in the document may be trademarks or registered
trademarks of their respective owners. Any such trademarks or registered
trademarks are the sole property of their respective owners.
SOURCE PGP Corporation
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