Home News Confidence rocked according to Egress market survey

Confidence rocked according to Egress market survey

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Egress Software Technologies, a leading provider of hosted and on-premise encryption services, has produced a market survey and finds that industry confidence in Cloud-based communication solutions has been rocked following Edward Snowden’s revelations.

Despite the economic benefits of outsourcing business functions to third party service providers, including reduced operational costs and streamlined processes, there is growing concern amongst IT professionals about the security of Cloud-based SaaS services and solutions. Such is the concern that when selecting a new product or service, data security and information assurance are now regarded as being of equal importance to financial and efficiency gains.

The 2014: The Year of Encryption market survey examined the views of this year’s delegates at Europe’s largest information security event, Infosecurity Europe 2014. The majority of those surveyed acknowledged that Snowden had undermined users’ confidence in the perceived security of Cloud-based solutions. This has made them more aware of issues such as encryption, data residency and access control, and driving those surveyed to consider new information security systems.

Reflecting on the results of the survey, Egress CEO Tony Pepper comments: “The close relationship we maintain with Egress customers means that we have become increasingly aware of a change in attitude towards the security of Cloud-based communication solutions – a view that the 2014: The Year of Encryption survey has now confirmed for the wider market.

We feel that Cloud-based solutions still have a key role to play, and assuming industry adopts the necessary levels of security (in the way that we do at Egress), then concern over the protection and integrity of highly sensitive data should not be a factor. In fact, we actually see the influence of Snowden as a major positive for the information security market. Not only has it forced users to question the underlying security of their data but it is encouraging them to apply greater due diligence when procuring new solutions.”

Highlights of Egress’ 2014: The Year of Encryption are illustrated the infographic below. For more insight on the findings please visit the Egress website.

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