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35% of companies do not use encryption to safeguard business data

14 March 2013

Abingdon, UK, 14th March  2013 - A Kaspersky Lab survey in association with B2B International has revealed that a significant number of companies do not pay enough attention to corporate information security practices. The survey, conducted in November 2012, polled over 5,000 senior IT managers worldwide. It found that 35 per cent of companies expose corporate data to unauthorised access by failing to use encryption technologies.

Corporate espionage and accidental data leaks pose a serious threat to any business. But many companies are still reluctant to protect critical information by implementing security software.

According to B2B International data,  File and Folder Level Encryption (FLE), capable of reliably protecting business-critical files and folders, and Full Disk Encryption (FDE), which hides the contents of an entire hard drive, including temporary files, is used by around half of all companies worldwide. For these organisations, any information falling into the hands of cybercriminals will take a considerable, often prohibitive, amount of time and computer power to decrypt.

However, despite these obvious benefits, 34 per cent of companies do not use FLE and 17 per cent have no plans to do so in the future. The figures for FDE are similar: 36 per cent and 18 per cent respectively. This approach endangers the integrity of corporate information, including confidential data, with potentially serious or even fatal consequences to the business.

Kaspersky Lab encryption technologies

The new corporate platform Kaspersky Endpoint Security for Business provides its customers with both File and Folder Level Encryption and Full Disk Encryption to protect confidential information. Key benefits offered by the solution include support for the encryption of data on external storage media and the centralised management both of encryption tools and of user access rights to classified information. As a result, minimising the risk of data loss is easy and straight forward.

As Kaspersky Endpoint Security for Business was developed entirely by Kaspersky Lab specialists in-house, this encryption technology works seamlessly with other corporate security components, meaning no compatibility problems for corporate customers.

35% of companies do not use encryption to safeguard business data

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About Kaspersky

Kaspersky is a global cybersecurity and digital privacy company founded in 1997. With over a billion devices protected to date from emerging cyberthreats and targeted attacks, Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company’s comprehensive security portfolio includes leading endpoint protection, specialized security products and services, as well as Cyber Immune solutions to fight sophisticated and evolving digital threats. We help over 200,000 corporate clients protect what matters most to them. Learn more at www.kaspersky.com.

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