TECHNOLOGY
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“ We take the latest and greatest encryption technology and if something better comes along , it ’ s about a three to fourweek process to upgrade . We ’ ve done that four times in five years . What makes us different is that we can get the latest encryption technology and then wrap up the management , control , visibility and compliance around these technologies to make it something an enterprise can easily buy , because we tick all the boxes .”
With data breaches these days widely publicised , Boyle argues “ the vast majority ” of businesses and indeed customers are unaware of potential dangers and how much data isn ’ t encrypted . “ There ’ s a level of apathy . But it ’ s definitely something we see as becoming more and more important across organisations and sectors . Our technology should definitely be something anyone who has a trusted engagement with a client where they are dealing with sensitive information should leverage .”
Echoing the NTT study , Roga emphasises how little organisations are willing to spend on cybersecurity , even in 2018 . “ If I ’ m a corporation , and I ’ m going to invest say $ 10mn in a marketing campaign for example , I can see my return on investment ( RoI ) in a very tangible way . It can be measured and quantified . Whereas if I take the same $ 10mn and invest in cybersecurity , that RoI is intangible . A lot of organisations are grappling with how to do the most to ensure cyber-
$ 500bn revenue lost from cybercrime in 2016
JULY 2018