The Ponemon Institute released a new report on encryption technology today. The report found that 41 percent of companies are using encryption extensively. The financial sector was in the lead, with 56 percent of firms using it extensively. But encryption technology spending as percent of total IT security budgets has gone down, the report says. The study was sponsored by Thales e-Security, which sponsored the report, was released by the Ponemon institute in April. It found that databases had the highest use of encryption technology, followed by Internet communications, laptop hard drives, backups and backups.”]
Source: https://www.csoonline.com/article/3088916/study-encryption-use-increase-largest-in-11-years.html