OREANDA-NEWS. April 14, 2017. Thales, a leader in critical information systems, cybersecurity and data security, announces the results of its 2017 Global Encryption Trends Study. The report, based on independent research by the Ponemon Institute and sponsored by Thales, captures how organizations around the world are dealing with compliance, increased threats, and the implementation of encryption to protect their most sensitive data.

Key Points
  • Thales announces the results of its 2017 Global Encryption Trends Study.
  • For the first time business unit leaders break through as top encryption strategy influencers
  • The report reveals enterprises have accelerated adoption of encryption strategies, with 41 percent of respondents saying their organization has an encryption strategy applied consistently across the enterprise.
Protecting data at rest in the cloud:
  • 67% of respondents take one of two routes: they either perform encryption on premise prior to sending data to the cloud, or encrypt in the cloud using keys they generate and manage on premises
  • 37% said their organizations turn over complete control of keys and encryption processes to cloud providers

Other key findings:

  • 31% are currently using or planning to use Hardware Security Modules (HSMs) with Bring Your Own Key (BYOK) deployments, with 20% claiming the same for Cloud Access Security Broker (CASB) deployments. Overall, usage of HSMs with CASBs is expected to double in the next 12 months (from 12% to 24%)
  • Use of HSMs among organizations grew to its highest level ever, at 38%; ofthose respondents, 48% own and operate HSMs on-premise in support of cloud-based applications
  • At 55%, compliance is the top driver for encryption – followed closely by protecting enterprise intellectual property (51%), customer information protection (49%) and protection from external threats (49%)