Dr Larry Ponemon, chairman and founder of The Ponemon Institute, says:
'The accelerated growth of encryption strategies in business underscores the proliferation of mega breaches and cyberattacks, as well as the need to protect a broadening range of sensitive data types. Simply put, the stakes are too high for organizations to stand by and wait for an attack to happen to them before introducing a sophisticated data protection strategy. Encryption and key management continue to play critical roles in these strategies.'

John Grimm, senior director of security strategy at Thales e-Security, says:
'This year's findings align with key trends demonstrating an increased reliance on the cloud, ever-evolving internal and external threats, and new data sources mandating stronger protection. The survey further reinforces that cloud key management offerings are more important than ever - and business-leader involvement is crucial to a sound security strategy. Thales is attuned to this development, and to its customers' need for strong and flexible safeguards for the cloud. Recently, for example, we announced integrations with AWS, Google, Microsoft and Salesforce cloud platforms. Our support encompasses BYOK, key management as a service (KMaaS) and RESTful API use cases, with additional collaborations on the way.'

Method
The Global Encryption Trends Study is now in its twelfth year. The Ponemon Institute surveyed more than 5,000 people across multiple industry sectors in the United States, United Kingdom, Germany, France, Australia, Japan, Brazil, the Russian Federation, Mexico, India, Saudi Arabia and the United Arab Emirates.

About Thales e-Security
Thales e-Security is the leader in advanced data security solutions and services that deliver trust wherever information is created, shared or stored. We ensure that the data belonging to companies and government entities is both secure and trusted in any environment - on-premise, in the cloud, in data centers or big data environments - without sacrificing business agility. Security doesn't just reduce risk, it's an enabler of the digital initiatives that now permeate our daily lives - digital money, e-identities, healthcare, connected cars and, with the internet of things (IoT), even household devices. Thales provides everything an organization needs to protect and manage its data, identities and intellectual property, and meet regulatory compliance - through encryption, advanced key management, tokenization, privileged-user control and high-assurance solutions. Security professionals around the globe rely on Thales to confidently accelerate their organization's digital transformation. Thales e-Security is part of Thales Group.


THALES SA published this content on 13 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 April 2017 12:03:16 UTC.

Original documenthttps://www.thalesgroup.com/en/worldwide/security/press-release/cloud-adoption-and-escalating-threats-accelerate-encryption

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