|
|
|
| NATHEOS | |||||
| The Growing Importance of Storage Security & Key Management in Large Enterprises |
| September 2007 by By Steve Norall, Senior Analyst, Taneja Group |
| It is hard to pick up a newspaper these days without reading about another high profile data security breach, whether it is the loss of a laptop or a tape. Stored data is finding its way outside the corporate perimeter and into the hands of malicious individuals. The implication is clear - data is now mobile. No longer can IT assume that important data is only stored within the confines of the glass house. It is shared with business partners, replicated to multiple data centers, and copied onto different media types that may ultimately be transferred to a 3rd party. |
| In March 2007, Taneja Group undertook a primary research study to understand the state and direction of storage security deployments in large enterprises. We surveyed 116 respondents to understand what was driving their purchasing and deployment decisions around storage security, how storage security ranked in importance compared to other IT initiatives, and how end users plan to evolve their storage security infrastructure to meet the new realities imposed by compliance and data privacy regulation. The following are the key findings that emerged from this research: Compliance & Data Privacy Concerns Are Key Drivers for Storage Security - Not surprisingly regulatory compliance (65% of respondents) and data privacy concerns and liabilities (57% of respondents) ranked as the leading drivers influencing investment in storage security. Clearly, there is increased awareness around the potential liabilities and the changed business context in which large organization operate. Storage Security Breaches Are Costly - Over 57% of respondents estimated that a single storage security breach would cost their organization over $500,000 USD. Frankly, in our opinion, end users are not truly factoring in the all the soft costs such as damage to reputation and brand that could result from a breach and are only focusing in on the hard dollar cost of liabilities and penalties that a breach might incur. Nonetheless, the data shows that investments in storage security have a strong ROI attached to them.
In the following market profile, we provide a quick overview of end users who responded to this survey, and summarize the results of the study as it pertains to the growing importance of storage security within IT, the current and future deployment plans of end users around storage security infrastructure, and how global key management is emerging as a top of mind issue as user grapple with new management challenges engendered by disparate key management systems and devices. Lastly, we spotlight NeoScale Systems, an early leader in the global key management market and an early pioneer of the storage security appliance. For a complete copy of the survey report, visit: http://neoscale.com/English/Registration/RP_Taneja.html |
next > |