In 2010 alone, based on a study of 329 public and private sector organizations, 86,455 laptops went lost or missing (Ponemon Institute, 2010).
It seems that almost every week another organization is in the news for losing protected data on a laptop with no encryption. With requirements of organizations like PCI-DSS, HIPAA, SOX and GLBA requiring privacy controls, encryption is a must.
With tools like USB drives, laptops and external hard drives mobilizing data, as well as cloud solutions, it is becoming incumbent upon organizations to have a centralized system to ensure that data on these devices is protected and secure, as well as having definitive proof that information was not compromised.
Using encryption technology allows companies to meet compliance requirements while protecting their data in a logical and secure way.