Welcome!

News Feed Item

Survey: Global Geopolitical Changes Driving Data Privacy Concerns and Encryption Usage Increase

RSA 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 the world.”

Key survey findings connected with recent geopolitical changes:

  • 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 encrypted communication.
    • 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.
  • Approximately three-quarters (72 percent) of security professionals are more concerned today about encryption backdoors than they were a year ago.

“Encryption plays a fundamental role in data privacy, whether it’s protecting data from hackers or governments,” said Paul Turner, 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.

About Venafi

Venafi 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, Origin Partners, Pelion Venture Partners, QuestMark Partners, and Sliver Lake Partners. For more information, visit www.venafi.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Regardless of what business you’re in, it’s increasingly a software-driven business. Consumers’ rising expectations for connected digital and physical experiences are driving what some are calling the "Customer Experience Challenge.” In his session at @DevOpsSummit at 20th Cloud Expo, Marco Morales, Director of Global Solutions at CollabNet, will discuss how organizations are increasingly adopting a discipline of Value Stream Mapping to ensure that the software they are producing is poised to ...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 20th Cloud Expo, Tom Eck, Industry Platforms CTO at IBM Cloud, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing developer...
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, ...
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the industry's fastest-growing and most adopted cloud application platform.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
SYS-CON Events announced today that Carbonite will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Carbonite protects your entire IT footprint with the right level of protection for each workload, ensuring lower costs and dependable solutions with DoubleTake and Evault.
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assis...
In his session at 20th Cloud Expo, Brad Winett, Senior Technologist for DDN Storage, will present several current, end-user environments that are using object storage at scale for cloud deployments including private cloud and cloud providers. Details on the top considerations of features and functions for selecting object storage will be included. Brad will also touch on recent developments in tiering technologies that deliver single solution and an end-user view of data across files and objects...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...