Understanding Challenges in Data Encryption for Companies

Companies are not embracing encryption as a way to protect sensitive data. According to Ponemon Institute's 2005 National Encryption Survey, only 4.2% of companies responding to our survey say their organizations have an enterprisewide encryption plan.

However, the study also reveals that encryption is viewed by many as an important security tool that enhances the IT professionals' overall sense of trust or comfort in data-protection efforts. The primary reasons cited for not encrypting sensitive or confidential information were concern about system performance (69%), complexity (44%) and cost (25%). (See "Securing Card Data Isn't An Easy Sell.")

Sponsored by PGP Corp., this independent study was conducted to learn what privacy and security professionals think about encryption and how adequate they believed their organization's security programs are to protect sensitive and confidential information.

The link for this article located at ComputerWorld is no longer available.