Australian enterprise encryption levels improve: Survey

Threat of data breaches sees 20 per cent year on year encryption growth, according to a report

Publicity around security threats has seen the rate of encryption by the Australian public and private sectors increase 20 per cent year on year since 2008, according to a new study commissioned by security vendor Thales.

The Australian Encryption Trends Study, conducted by research firm, the Ponemon Institute, surveyed 471 Australian IT and business managers during November 2011.

The study, published in February 2012, was part of a wider report involving 4140 business and IT managers in the US, UK, Germany, France, Japan, Brazil, as well as Australia.

Encryption spending, relative to the total IT security budget, increased from 7 per cent in 2008 to 9 per cent in 2011 in Australia.

According to the study, the main driver for encryption by Australian IT managers was the protection of an organisation’s brand or reputation in the event of data breaches.

“Australian respondents are much more likely to see brand or reputational issues as the main reason for deploying encryption (72 per cent) which is much higher in comparison to other countries surveyed,” said Thales Australia national security vice president, Peter Bull.

Comparing adoption rates for nine different uses of encryption within the enterprise, the most common uses focused on protecting stored data, in particular within databases followed by encryption of corporate backup files and for stored data on laptops.

Overall, 82 per cent of respondents from Australian organisations viewed data protection activities as either a very important or an important part of enterprise risk management.

In addition, Australia was ahead of other countries in the survey in terms of having an enterprise encryption strategy.

“Since the research began tracking trends in encryption deployment among Australian organisations, respondents claim that more companies are adopting an overall encryption strategy than are not -- a trend that is further advanced in Australia than other countries we surveyed,” Bull said.

“In Australia this trend is driven by IT staff, whereas elsewhere there is a clear shift towards business managers playing a much more active role.”

Follow Hamish Barwick on Twitter: @HamishBarwick

Follow Computerworld Australia on Twitter: @ComputerworldAU, or take part in the Computerworld conversation on LinkedIn: Computerworld Australia

Join the CSO newsletter!

Error: Please check your email address.
Show Comments

Featured Whitepapers

Editor's Recommendations

Solution Centres

Stories by Hamish Barwick

Latest Videos

  • 150x50

    CSO Webinar: Will your data protection strategy be enough when disaster strikes?

    Speakers: - Paul O’Connor, Engagement leader - Performance Audit Group, Victorian Auditor-General’s Office (VAGO) - Nigel Phair, Managing Director, Centre for Internet Safety - Joshua Stenhouse, Technical Evangelist, Zerto - Anthony Caruana, CSO MC & Moderator

    Play Video

  • 150x50

    CSO Webinar: The Human Factor - Your people are your biggest security weakness

    ​Speakers: David Lacey, Researcher and former CISO Royal Mail David Turner - Global Risk Management Expert Mark Guntrip - Group Manager, Email Protection, Proofpoint

    Play Video

  • 150x50

    CSO Webinar: Current ransomware defences are failing – but machine learning can drive a more proactive solution

    Speakers • Ty Miller, Director, Threat Intelligence • Mark Gregory, Leader, Network Engineering Research Group, RMIT • Jeff Lanza, Retired FBI Agent (USA) • Andy Solterbeck, VP Asia Pacific, Cylance • David Braue, CSO MC/Moderator What to expect: ​Hear from industry experts on the local and global ransomware threat landscape. Explore a new approach to dealing with ransomware using machine-learning techniques and by thinking about the problem in a fundamentally different way. Apply techniques for gathering insight into ransomware behaviour and find out what elements must go into a truly effective ransomware defence. Get a first-hand look at how ransomware actually works in practice, and how machine-learning techniques can pick up on its activities long before your employees do.

    Play Video

  • 150x50

    CSO Webinar: Get real about metadata to avoid a false sense of security

    Speakers: • Anthony Caruana – CSO MC and moderator • Ian Farquhar, Worldwide Virtual Security Team Lead, Gigamon • John Lindsay, Former CTO, iiNet • Skeeve Stevens, Futurist, Future Sumo • David Vaile - Vice chair of APF, Co-Convenor of the Cyberspace Law And Policy Community, UNSW Law Faculty This webinar covers: - A 101 on metadata - what it is and how to use it - Insight into a typical attack, what happens and what we would find when looking into the metadata - How to collect metadata, use this to detect attacks and get greater insight into how you can use this to protect your organisation - Learn how much raw data and metadata to retain and how long for - Get a reality check on how you're using your metadata and if this is enough to secure your organisation

    Play Video

  • 150x50

    CSO Webinar: How banking trojans work and how you can stop them

    CSO Webinar: How banking trojans work and how you can stop them Featuring: • John Baird, Director of Global Technology Production, Deutsche Bank • Samantha Macleod, GM Cyber Security, ME Bank • Sherrod DeGrippo, Director of Emerging Threats, Proofpoint (USA)

    Play Video

More videos

Blog Posts

Market Place