The Operationalizing Encryption and Key Management study conducted by Fortanix Inc. reveals the lack of encryption as a new dimension of vulnerability in data protection. The study emphasizes the necessity of encrypting data at rest, in motion, and while in use. However, it also uncovers a significant obstacle: a lack of awareness and understanding among respondents. Budget constraints and a lack of expertise further complicate encryption implementation, leading to increased risks of data loss incidents. To bridge the awareness gap, it is crucial to understand the basics of symmetric and asymmetric encryption. The study highlights the importance of awareness and education in promoting the adoption of encryption practices. Organizations must prioritize encryption as a fundamental pillar of their cybersecurity strategy to protect their most valuable asset – information.
Key Points:
1. The lack of encryption poses a new dimension of vulnerability in data protection.
2. The study emphasizes the necessity of encrypting data at rest, in motion, and while in use.
3. A lack of awareness and understanding among respondents is a significant obstacle to encryption adoption.
4. Budget constraints and a lack of expertise complicate encryption implementation.
5. Organizations must prioritize encryption as a fundamental pillar of their cybersecurity strategy to protect their most valuable asset – information.