The report reveals that encryption still remains a challenge for companies.

According to the Thales’ 2019 Data Threat Report, despite the importance of protecting sensitive data, 27% or fewer of the European respondents state they use encryption for securing emails, and data at rest on PCs. European respondents ranked higher than their global counterparts in using cloud-native provider encryption.

The report wrote:

“As European companies continue to move away from purely on-premises data stances and increasingly use the cloud for sensitive data, they must adopt new data security strategies. Even selecting a top-tier cloud provider doesn’t remove the burden of doing your part to provide data security, and this starts with encryption.”

Additionally, the report identified that the European respondents were less confident in their security than the global respondents with 82% of European respondents stating they are very or moderately secure compared to the global respondents of 88%.

The UK is the most confident in its levels of security with 66% of respondents stating they are very or extremely secure.

It was identified that more than 84% of organisations are planning to, or currently implementing, digitally transformative technologies including cloud, big data, blockchain and Internet of Things (IoT), however, this means that sensitive data is can be at higher risk of exposure.

Sebastian Cano, senior VP of cloud protection and licensing activity at Thales said:

“Across Europe, organisations are embracing digital transformative technologies – while advancing their business objectives, this is also leaving sensitive data exposed.

“European enterprises surveyed still do not rank data breach prevention as a top IT security spending priority — focusing more broadly on security best practice and brand reputation issues. Yet, data breaches continue to become more prevalent.

“These organisations need to take a hard look at their encryption and access management strategies in order to secure their digital transformation journey, especially as they transition to the cloud and strive to meet regulatory and compliance mandates.”

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