Failure to protect customer data and proprietary business information can lead to serious consequences, including loss of customers and irreparable brand damage. Organizations who fail to adhere to data protection requirements are being exposed by data breaches - which are now averaging $4.8 million per breach.

To defend customer information and eliminate the potential consequences of a breach, businesses are encrypting sensitive data and expanding it across the enterprise. A recent study by The Ponemon Institute focused on identifying trends in encryption use, planning strategies and deployment methodologies in enterprise IT.

This white paper outlines the methods used in the study and reports the key findings, including:

• The reasons companies use encryption
• How companies are encrypting their data
• The types of encryption being used
• And more