|[February 16, 2017]
Survey: Global Geopolitical Changes Driving Data Privacy Concerns and Encryption Usage Increase
RSA (News - Alert) Conference 2017 - Venafi®,
the leading provider of protection for cryptographic keys and digital
certificates, today announced the results of a survey of 918 security
professionals attending the 2017 RSA Conference. The survey evaluates
the impact of recent global geopolitical changes on data privacy
concerns and encryption, the core technology used to ensure data privacy.
"The tension between data privacy and national security is going to
continue to escalate," said Jeff Hudson, CEO of Venafi. "Encryption is
the lynchpin of our entire global digital economy. It controls the
privacy and security of everything from our personal photos to the most
sensitive national security data. Our collective ability to secure
encrypted data has a profound impact on digital privacy and trust around
Key survey findings connected with recent geopolitical changes:
Approximately three-quarters (72 percent) of security professionals
are more concerned today about encryption backdoors than they were a
Almost three-fourths (72 percent) of security professionals say they
are more concerned about data privacy; similarly, 71 percent say
organizations are more concerned about data privacy.
Two-thirds of IT security respondents (66 percent) say their
organizations are considering increasing their use of encryption.
Only 29 percent of security professionals say they are "90 percent
confident" in their organizations' ability to secure and protect
Nearly a third (32 percent) say they are "not confident" or have
only "50 percent confidence" in their organizations' ability to
protect and secure encrypted communication.
Seven percent say they "have no idea" if their organization can
protect encrypted communication.
"Encryption plays a fundamental role in data privacy, whether it's
protecting data from hackers or governments," said Paul Turner (News - Alert), CTO of
Server Products for Venafi. "The challenges organizations are already
facing in managing and securing encryption keys, combined with concerns
about the integrity and strength of encryption implementations, is
undermining confidence in the privacy and security of data."
For more information about Venafi please visit www.venafi.com.
is the market-leading cybersecurity company that secures and protects
the cryptographic keys and digital certificates every business and
government depends on for secure communications, commerce, computing,
and mobility. Venafi provides the Immune System for the Internet®,
constantly assessing which keys and certificates are trusted, protecting
those that should be trusted, and fixing or blocking those that are not.
By protecting the foundation of all cybersecurity-keys and
certificates-Venafi prevents them from being misused by cyber criminals.
The Venafi Trust Protection Platform delivers an ever-evolving,
intelligent response that protects your network, business, and brand.
Venafi customers are among the world's most demanding,
security-conscious Global 2000 organizations, including four of the top
five U.S. banks, eight of the top U.S. 10 health insurance companies and
four of the top seven U.S. retailers. Venafi is backed by top-tier
venture capital funds, including Foundation Capital, Intel Capital (News - Alert),
Origin Partners, Pelion Venture Partners, QuestMark Partners, and Sliver
Lake Partners. For more information, visit www.venafi.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170216005466/en/
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