The top reasons given were management difficulties and the major performance hit on firewalls, routers and switches when they are used to encrypt traffic. More than 50 percent of the managers said they are prevented from using strong encryption to provide better network segmentation and isolate sensitive applications. The IT managers also cited network segmentation and protection of networked applications as challenges. More than 75 percent of responding enterprises use at least two methods of data traffic encryption and one-third use three or more. The Spiceworks survey focused on the challenges faced by IT managers as they try to protect sensitive corporate data communications carrying credit card information, financial transactions, medical records, proprietary and secret information, and other sensitive data. The financial toll of data breaches has spiked into the billions of dollars in cleanup expenses, fraud response costs, lost market valuation, reputation damage, lawsuits, and related expenses. Until this problem is solved, we can expect to see hackers exploiting poor data communications security for huge financial gain at the expense of enterprises." "The stark reality is that 2014 was 'The Year of the Breach' in part because many enterprises still lack adequate tools to fully protect their most sensitive data communications. "This extreme traffic security fragmentation creates 'Crypto Chaos,' making it very difficult to ensure that traffic is properly secured from end-to-end," said Adam Boone, CMO of Certes.
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