\n<\/p>\n
\n Conducted by the Ponemon Institute, the 16th annual study highlights regional adoption of enterprise-wide encryption faster than global averages <\/p>\n
HONG KONG SAR –\u00a0Media
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Report: 2021 Hong Kong Encryption Trends
Blog: As cyber threats grow, Hong Kong
\u00a0<\/b><\/p>\n
2021 Global Encryption Trends Study methodology<\/b><\/p>\n
The 2021
Conducted by the Ponemon Institute, the 16th annual study highlights regional adoption of enterprise-wide encryption faster than global averages HONG KONG SAR –\u00a0Media
OutReach\u00a0– 9 June 2021 – Security and
IT professionals in Hong Kong continue to outpace the global average when it
comes to the adoption of enterprise-wide encryption, with particular focus on cloud
…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/15380"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=15380"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/15380\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=15380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=15380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=15380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nOutReach<\/a>\u00a0– 9 June 2021 – <\/b>Security and
\nIT professionals in Hong Kong continue to outpace the global average when it
\ncomes to the adoption of enterprise-wide encryption, with particular focus on cloud
\nservices and applications, as well as containers. This and other findings are
\nhighlighted in the Entrust 2021 Hong Kong Encryption
\nTrends Study<\/a>,
\npart of the 16th<\/sup> annual multinational survey by the Ponemon
\nInstitute. The study reports on the cybersecurity challenges organisations face
\ntoday, and how and why organizations deploy encryption.<\/p>\n
\n
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\n
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\nthreats and priorities<\/b><\/p>\n
\n
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\n54% of respondents in Hong Kong now have a consistently applied encryption
\nplan\/strategy, well ahead of the global average (50%) for the second year
\nrunning. Also for the second straight year in Hong Kong, the biggest threats
\nthat might result in the exposure of sensitive data were employee mistakes (47%
\nvs. 53% globally) and system or process malfunction, which increased from 30%
\nto 36% (vs. 31% globally).<\/p>\n
\n
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\n
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\naround six-in-ten (59%) organizations surveyed in Hong Kong transfer data to
\nthe cloud. This is up from 55% last year, but is expected to surge with an
\nadditional 24% planning to do so in the next 12-24 months. Similarly, just over
\nhalf of organizations surveyed deploy encryption for public cloud services (51%
\nvs. 46% globally) and Bring Your Own Key (BYOK) management support was cited as
\nthe fastest growing feature of cloud encryption solutions by 53%, up from 48%
\nlast year. <\/p>\n
\n
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\n
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\nnearly half (47%) of responding IT professionals in Hong Kong deploy encryption
\nfor containers, the highest rate worldwide, up from 40% last year and far above
\nthe global average of 32%.<\/p>\n
\n
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\n
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\ngrowing role of hardware security modules (HSMs)<\/b><\/p>\n
\n
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\nKong IT professionals, the pain associated with key management is increasing,
\nwith two-thirds reporting a high rate of overall pain associated with managing
\nkeys or certificates. This is up from 61% last year and higher than this year’s
\nglobal average of 56%. <\/p>\n
\n
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\n
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\nlast year, the top factor driving this is “no clear ownership” (74% vs. 64%
\nglobally), with inadequate key management tools in second place (58% vs. 46%
\nglobally).<\/p>\n
\n
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\n
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\nfactor to consider is the lower rates of hardware security module (HSM) adoption,
\nwith\u00a0 40% of respondent organizations in
\nHong Kong using HSMs (vs. 49% globally). The fact that this is up from 34% last
\nyear, making it the 2nd highest increase worldwide, suggests that the benefits
\nof HSMs \u2013 including the ability to help with key management – are being
\nrecognized in the region. <\/p>\n
\n
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\n
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\nKong results indicate that the importance of HSMs to encryption or key
\nmanagement strategy is expected to increase from 63% to 79% over the next 12
\nmonths. Similarly, with the increased focus on cloud migration, when using HSMs
\nto protect cloud applications a higher percentage of responding organizations
\nin Hong Kong than any other region prefer to use HSMs they own and operate (54%
\nvs 41% globally).<\/p>\n
\n
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\n
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\nnext 12 months, respondent organizations anticipate greater use of HSMs for
\nseveral use cases, led by TLS\/SSL going from 38% to 78% year over year, the largest
\nexpected increase of any use case. Other leading use cases include database
\nencryption (increasing from 25% to 45%), blockchain applications (from 13% to
\n30%) and payment transaction processing or payment credential
\nissuing\/provisioning (expected to increase from 26% to 40%).<\/p>\n
\n
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\n
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\nin Hong Kong are increasing their use of the cloud and containers as IT and
\nsecurity professionals focus on\u00a0 the
\nrisks associated with employee mistakes and system or process malfunctions. As
\nthey strive to protect customer information and intellectual property and to
\ncomply with data privacy mandates, organizations on average now use more than eight
\ndifferent products that perform encryption. This brings new challenges
\nassociated with discovering where sensitive data resides, deploying encryption
\ntechnology and training users to use encryption appropriately,” said Michael
\nTai, Area Vice President, Greater China, Entrust. “Key management still causes
\na high level of pain, due primarily to concerns about key ownership and
\ninadequate key management tools. As they deploy encryption for databases,
\ncontainers and cloud applications, organizations in the region seek encryption
\nsolutions that offer scalability, tamper resistance with an HSM, but as cloud
\nuse increases, organizations prefer to own and manage the HSMs used to protect
\ncloud applications.”<\/p>\n
\n
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\n
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\nInformation:<\/b><\/p>\n
\n
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\nStudy<\/a><\/p>\n
\n
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\noutpaces the world in enterprise encryption strategies<\/a>
\n
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\n
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\n
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\nGlobal Encryption Trends Study, based on research by the Ponemon Institute,
\ncaptures how organizations around the world are dealing with compliance,
\nincreased threats, and the implementation of encryption to protect their business-critical
\ninformation and applications. 6,610 IT professionals were surveyed across
\nmultiple industry sectors in 17 countries\/regions: Australia, Brazil, France,
\nGermany, Hong Kong, Japan, Mexico, Middle East (which is a combination of
\nrespondents located in Saudi Arabia and the United Arab Emirates), Netherlands,
\nthe Russian Federation, Spain, Southeast Asia, South Korea, Sweden, Taiwan, the
\nUnited Kingdom, and the United States.<\/p>\n<\/p><\/div>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"