Tackling The Challenge of Information Protection in the Enterprise (Strategic Focus)

Published by: Datamonitor

Published: May. 29, 2009 - 264 Pages

Table of Contents

Overview

Catalyst

Summary

Key Messages

The current levels of information risk are neither sustainable nor acceptable

Security has become the top concern of IT decision makers, primarily to deal with data risk

Increased connectivity and mobility force protection to focus on the units of information

DLP will be the dominant mode of Information Protection, but its scope will widen to include IRM and key management

The variety of data loss incidents highlights the challenge in formulating an Information Protection strategy

The consolidation and convergence trends in Information Protection will accelerate

Table of Contents

Table of figures

Table of tables

Market Opportunity

The current levels of information risk are neither sustainable nor acceptable

Security has become the top concern of IT decision makers, primarily to deal with data risk

The damage of data loss incidents goes far beyond their direct costs

Many drivers are fuelling the growth of the Information Protection opportunity

Information protection is broadening its appeal beyond early adopters

Technology Evolution

The limits of Information Protection are still unclear since the technology is at an early stage of its evolution

IT security is transitioning away from legacy security models, but mindsets lag technology

Increased connectivity and mobility are prompting enterprises to focus security on information itself

Technical and organizational challenges stand in the way of information-centric security

The value of Information Protection is in translating business requirements to decisions on data usage

DLP will be the dominant mode of Information Protection, but its scope will widen to include IRM and key management

Recent vendor actions point towards the future direction of Information Protection

Customer Impact

Data loss has become a high profile issue among enterprises and regulators

Many real-life examples demonstrate the prevalence of data loss

The average annual cost of data loss is $1.82m among enterprises that can quantify it

Reported data loss represents a very small proportion of the real problem

The large diversity of data loss incidents highlights the challenge in formulating an Information Protection strategy

Enterprises need Information Protection to maintain acceptable levels of risk

Information protection technologies are increasing their significance among all enterprises

Competitive Landscape

A range of established vendors have clamored to enter the Information Protection market

The evolution of the market is still at an early stage, but some leaders have emerged

Symantec enjoys a strong lead in the DLP market, but many challenges persist

McAfee has quickly expanded its presence in Information Protection through acquisitions

EMC/RSA has a unique set of advantages that will allow it to strengthen its position in the market

Websense has significant market share, but its tactical approach and lack of breadth need to be addressed

The market leaders are likely to be challenged by newcomers as the opportunity grows

The consolidation and convergence trends in Information Protection will accelerate

Go to Market

Messaging in terms of risk management and compliance will resonate well with customers

Management and services overheads will be an important customer concern

Automating classification, and providing policy templates are important differentiators

Vendors looking to expand beyond English-speaking markets need to invest in localization

Information protection vendors must clarify their position relative to identity management

Conclusion

APPENDIX

Definitions

Methodology

Further reading

Ask the analyst

Datamonitor consulting

Disclaimer

List of Tables

Table 1: The growth in global Information Protection markets, 2007 to 2013 ($ millions)

Table 2: Examples of data loss incidents

List of Figures

Figure 1: Between 2006 and 2008 data volumes have grown threefold, and are expected to be 8 times the 2006 levels by 2010

Figure 2: Improving security has become the top concern of IT decision markers

Figure 3: The likely effects of data loss on the enterprise.

Figure 4: The global Information Protection market will continue to attract significant investments

Figure 5: Information protection technologies fill a significant gap in enterprise security

Figure 6: Data security was less of an issue in IT architectures with limited mobility and connectivity

Figure 7: The open and permeable nature of enterprise IT means that information assets must be protected

Figure 8: Information protection systems will fill the gap between business requirements and enforcement

Figure 9: The number of reported data loss incidents has continued to rise rapidly

Figure 10: The estimated value of different classes of corporate data.

Figure 11: The majority of data loss goes unreported, or remains undiscovered

Figure 12: Outside attacks have become a dominant mode of data loss

Figure 13: Reported incidents show a noticeable diversity in data loss vectors

Figure 14: Vendors from diverse backgrounds are competing for a share of the Information Protection market

Figure 15: The number of M&A deals in the enterprise security market remains very high

Abstract

• Provides an in-depth look into the Information Protection market opportunity, including a quantitative forecast of the market's growth.
• Examines possible scenarios for the development of Information Protection technologies, such as DLP, Key Management and IRM.
• Presents a detailed view of the impact data loss is having on enterprises, and how Information Protection can mitigate this impact.
• Analyses the go to market approach of vendors and provides guidance on how this could be improved.

• This report provides broad coverage of a range of important topics relating to the Information Protection market.
• Learn about the major trends affecting the Information Protection space through a combination of quantitative and qualitative market assessments.
• Vendors can better understand the challenges their clients face as the technology and business requirements for Information Protection change.

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