Research – HG Insights uncovers the key survey findings from the Global Edition of the Data Threat Report which reveals the rush to digital transformation is putting sensitive data at risk for organizations worldwide.
Commissioned by Thales, the survey indicates organizations that embrace new technologies, such as multi-cloud deployments, struggle to implement proper data security. Key findings include:
Sensitive data is everywhere
Ninety-seven percent of the survey respondents reported their organization was already underway with some level of digital transformation and, with that, confirmed they are using and exposing sensitive data within these environments. Aggressive digital transformers are most at risk for data breaches, but alarmingly, the study finds that less than a third of respondents (only 30%) are using encryption within these environments. The study also found a few key areas where encryption adoption and usage are above average: IoT (42%), containers (47%) and big data (45%).
Reality of multi-cloud risk
As companies move to the cloud or multi-cloud environments as part of their digital transformation journey, protecting their sensitive data is becoming increasingly complex. Nine out of 10 respondents are using, or will be using, some type of cloud environment, and 44% rated complexity of that environment as a perceived barrier to implementing proper data security measures. In fact, this complexity is ahead of staff needs, budget restraints and securing organizational buy-in.
Enterprises still not investing in data security
Globally, 60% of organizations say they have been breached at some point in their history, with 30% experiencing a breach within the past year alone. In a year where breaches regularly appear in headlines, the U.S. had the highest number of breaches in the last three years (65%) as well as in the last year (36%).
The bottom line is that whatever technologies an organization deploys to make digital transformation happen, the easy and timely access to data puts this data at risk internally and externally. The majority of organizations, 86%, feel vulnerable to data threats. Unfortunately, this does not always translate into security best practices as evidenced by the less than 30% of respondents using encryption as part of their digital transformation strategy.
Data breaches continue to be widespread
Tina Stewart, vice president of global market strategy, Thales eSecurity commented, “Data security is vitally important. Organizations need to take a fresh look at how they implement a data security and encryption strategy in support of their transition to the cloud and meeting regulatory and compliance mandates. As our 2019 Thales Data Threat Report shows, we have now reached a point where almost every organization has been breached.”