Study: Automated Key Management Use on Rise

SANDY, Utah --­ ³Best-in-Class² companies looking to facilitate the management of a rapidly expanding use of encryption are increasingly turning to automated key management, according to a new research report on Encryption & Key Management, released by Aberdeen Group, a Harte-Hanks Company, and co-sponsored by Venafi, a provider of systems management for encryption software. The study shows that automated key management helps companies deliver higher scalability, lower operational costs, reduce risk, establish consistent security policies and sustain regulatory companies.

"Management of encryption technologies across their complete lifecycle ­ including discovering all certificates and keys, configuring applications and systems to use them in a manner consistent with company policies, performing lifecycle management tasks, and ongoing monitoring and reporting ­ is tough stuff for companies striving to implement encryption more broadly throughout their infrastructures," said Trell Rohovit, President and CEO of Venafi. "It's encouraging that the Aberdeen research confirms what we've been seeing in the marketplace: Best-in-Class companies are eager to find and implement technologies that automate encryption management."

Aberdeen used the following performance criteria to distinguish ³Best-in-Class² organizations from ³Industry Average² and ³Laggard² organizations in their use of encryption and key management to protect sensitive data:

Aberdeen Group