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Thales News Release

Stolen Device Exposes Thousands Of Lloyds Bank Customers' Data

September 14, 2015

Like many recent breaches, the data stolen in this case would have been rendered useless by encryption. And companies are finally starting to understand that -- a recent IANS survey of 100 information security influencers and decision makers found that 84 percent of respondents have considered a strategy of encrypting all data. The survey, sponsored by Vormetric, also found that 54 percent of respondents said their top challenge in implementing encryption is legacy technology and support for encryption. Other challenges include the cost of encryption technology (52 percent) and concerns about performance impacts (44 percent).