Australia's IT managers shun encryption: report

By on
Australia's IT managers shun encryption: report

Australian IT managers have shunned platform-based encryption technology, claiming that it neither improves security postures nor decreases risk, according to a Ponemon Institute survey

The survey on encryption trends was funded by Symantec. It polled 477 Australian IT professionals with an average of nine years IT security experience who worked in roles that “directly implemented encryption technologies”.

Eighty-eight percent had “declining impressions” of the ability of platform-based encryption to improve the “effectiveness and efficiency” of IT security.

But most of the 21 percent who used platform-based encryption said it improved security.

Of those using the technology, most said it reduced operational costs and redundant administrative tasks, and provided consistent policy enforcement across applications.

About a quarter of respondents to the survey said their business had more than five data breach incidents in 2010, slightly more than those who reported none.

Ninety percent reported that loss or theft of sensitive information was likely, ahead of probable unauthorised access to virtualised systems, and network malware infections.

A separate study run and funded by the same organisations blamed outsourcers for most data breaches in Australia.

It found the average cost of data breaches totalled an average of $2 million, a figure unchanged over the last 12 months.

The study polled 19 Australian companies that lost between 3,200 to 65,000 records last year.

Each lost record cost an average of $128, and total repatriation costs tipped $4.2 million - up 5 percent since 2009.

Got a news tip for our journalists? Share it with us anonymously here.

Copyright © SC Magazine, Australia


Most Read Articles

You must be a registered member of CRN to post a comment.
| Register


You have to spend $10k on new business hardware. What do you buy?
Collaboration hardware
Enormous monitors
New smartphones
New PCs
Minimum spec Mac Pro for $9,990.
We'd fake some paperwork and have a party instead
View poll archive

Log In

Username / Email:
  |  Forgot your password?