Personal information comes first in data protection.

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Summary

A 2020 Global Cryptography Trends study by the Ponemon Institute showed that with the rise of digital initiatives, IT professionals are considering the protection of their customers' personal data as their number one priority.

Encryption has become a requirement for protecting consumers' personal information, being a priority for 54% of study participants. Compliance, on the other hand, received 47% of responses. To implement encryption in companies, 60% of respondents plan to use [the appropriate tools/methods]. blockchain.

The biggest challenge in planning and executing an encryption strategy, according to 67% of respondents, is data discovery. Employee errors are the most significant threat to confidential data. And this is exacerbated by the growing number of workers in the industry. remote formatThis is because the data is used outside the company environment, and it is possible to make copies of the data on personal devices and in cloud systems. 

And this demand for cryptography also drives the growth in the use of Hardware Security Modules (HSMs) to create a robust and breach-resistant environment. Whether for signing encryption code for big data, code signing, or protecting access to applications in public clouds. 

Use of cryptography

While data related to payments and financial records are the most likely to be encrypted, with 54% of responses, the type of data least likely to be encrypted by organizations is health-related information. Only 25% of respondents opted for this option, which is surprising given the large number of people using it. The importance of protecting data in the healthcare sector..

In Brazil

The study also shows trends in cryptography in our country. Despite being the second lowest in cryptography usage, it is 9% above the industry average in cryptography for public cloud services. 97% of respondents considered cryptography solution management capabilities to be important.

But Brazil has the second-highest usage of cloud-based HSMs, behind only Taiwan. There is also a significant increase in planned usage of these modules for the next 12 months. 

The Ponemon Institute

The Ponemon Institute collaborated with nCipher Security, an Entrust Datacard company that operates globally in hardware security modules (HSMs), for the 15th global survey on how and why organizations deploy cryptography.

About the Author

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  • We are a Privacy and Personal Data Protection Management, GRC, and ESG solution provider. We help companies build responsible businesses.

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