This past February, Thales e-Security released the publication of its latest 2013 Global Encryption Trends Study. The report, based on independent research by the Ponemon Institute and sponsored by Thales, reveals that use of encryption continues to grow in response to consumer concerns, privacy compliance regulations and on-going cyber-attacks and yet there are still major challenges in executing data encryption policy.
The survey indicated that only 14% of organizations surveyed do not have any encryption strategy compared with 22% last year. The study also shows that there has been a steady increase in the deployment of encryption solutions used by organizations over the past nine years, with 35% of organizations now having an encryption strategy applied consistently across the entire enterprise compared with 29% last year.
“Encryption usage continues to be a clear indicator of a strong security posture but there appears to be emerging evidence that concerns over key management are becoming a barrier to its more widespread adoption. For the first time in this study we drilled down into the issue of key management and found it emerging as a huge operational challenge. But questions are and should be asked about the broader topics of policy issues and choice of encryption algorithms – especially in the light of recent concerns over back doors, poorly implemented crypto systems and weak key management systems.”
- Dr. Larry Ponemon, chairman and founder of The Ponemon Institute
“Whilst key management may be emerging as a barrier to encryption deployment, it is not a new issue. The challenges associated with key management have already been addressed in heavily regulated industries such as payments processing, where best practices are well proven and could translate easily to a variety of other verticals. With more than 40 years’ experience providing key management solutions. Thales is ideally positioned to help organizations re-assess and re-evaluate their crypto security and key management infrastructure and deliver solutions that ensure their integrity and trustworthiness.”
-Richard Moulds, vice president strategy at Thales e-Security
Today we are releasing our Fourth Annual Benchmark Study on Patient Privacy and Data Security. We hope you will read the report sponsored by ID Experts that reveals some fascinating trends. Specifically, criminal attacks on healthcare systems have risen a startling 100 percent since we first conducted the study in 2010. This year, we found the number and size of data breaches has declined somewhat. Employee negligence is a major risk and is being fueled by BYOD. Giving healthcare organizations major headaches are: risks to patient data caused by the Affordable Care Act, exchange of patient health information with Accountable Care Organizations and lack of trust in business associates privacy and security practices. For a copy of the Fourth Annual Benchmark Study on Patient Privacy and Data Security, visit www2.idexpertscorp.com/ponemon.
An important security issue for many companies is the authentication of users using mobile devices for transactions. Unlocking the Mobile Security Potential: The Key to Effective Two-Factor Authentication sponsored by tyntec and conducted by Ponemon Institute provides insights into mobile authentication in four global regions: North America (NA), Europe, Middle East and Africa (EMEA), Asia-Pacific plus Japan (APJ) and Latin America plus Mexico (LATAM).
The study has interesting findings about the state of mobile authentication and the preferences of companies. Specifically, for security purposes, location and validation of the number in real-time is considered valuable. They believe this would strengthen their security measures assuming opt-in by end-user. Furthermore, in the coming year most of the respondents say they are considering planning to extend the use of SMS-based two-factor authentication for user registration or identity verification or activation of online services. To download the entire report, please use this link.