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Enterprise Data Encryption: Businesses Using Encryption as Tool to Protect their Cloud Data

By Dick Weisinger

One tactic to ease worries about storing data in the cloud is to encrypt data. A study by the Ponemon Institute for Thales Security found that 41 percent of businesses are consistently applying encryption across their organization.

The report found that two-thirds of businesses encrypt their data for the cloud using either one of these two methods:

  • Encrypt the data on-premise before sending to the cloud
  • Encrypt the data in the cloud using keys that were generated on-premise

The other third of businesses doing encryption rely on their cloud provider to handle encryption for them.

The reasons why companies say that they use encryption for their data include

  • Compliance (55 percent)
  • Protection of Intellectual Property (51 percent)
  • Customer Information Protection (49 percent)
  • Protection from External Threats (49 percent)

Dr. Larry Ponemon, chairman and founder of The Ponemon Institute, said that “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.”

 

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