Data security breaches are becoming increasingly expensive for organizations, and a variety of industry analysts agree that the costs of such incidents will continue to rise for the foreseeable future. This cost increase is in direct correlation with the ever expanded legislative rulings that require extensive notifications and fines should a data breach occur.
According to a study by The Ponemon Institute, data breaches now cost organizations an average of $200+ per compromised customer record, up from $182 in 2006. Gartner analysts, meanwhile, estimate that the cost of sensitive data breaches will increase 20 percent per year through 2009 as financially motivated targeted attacks become more prevalent and new vulnerabilities continue to be reported.
When it comes to data management, today’s enterprises must balance a number of divergent requirements that often compete for priority. Government and industry regulations, as well as sound business practices, mandate data security and privacy, while day-to-day operations demand data protection and fast recovery.
Many organizations routinely store backup tapes off site to meet operational requirements and business continuity objectives. However, backup tapes can easily be lost during transport, and remote storage facilities may lack adequate security. As a result, lost or stolen backup tapes are an all-too common vector for data security breaches.
All LTO-4 tape drives encrypt data using the 256-bit AES algorithm recommended by the U.S. government for the highest levels of data security. The keys generated by the 256-bit AES algorithm are random strings of 256 bits that are essentially impossible to decipher through brute force. The data is useless without the correct encryption key to unlock the data.
But encrypting data is only part of the process, keeping tracking of the pass codes that enable encryption plays a vital role in any encryption solution. In the past the encryption key management process has been seen as expensive or overly complex. The cost and complexity of key management no longer need to be concerns as new solutions have been released that are integrated with tape libraries to provide a simple and scalable solution. As a result, encryption key management plays a vital role in any encryption solution.
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