September 30, 2015 By Leslie Wiggins 3 min read

Hit the Total Protection Jackpot

Data security presents a complex challenge to organizations. The value of customer data has increased exponentially over time, but so has the potential liability and security exposure. Combine this with the rapid growth of data within the environments, the complexity of compliance across industries and the threat of internal and external attacks, and you have a perfect storm that highlights the importance of creating a successful enterprise security and compliance strategy. Additionally, companies are struggling to understand how to proactively monitor and control user access privileges and gain visibility into what data is at risk. When you put it all together, it’s a complex task for which it is difficult to demonstrate a return on investment.

IBM commissioned Forrester Consulting to conduct a Total Economic Impact (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying IBM Security Guardium as part of their overall enterprise data security and compliance strategy. Guardium offers a family of integrated modules for managing the entire data security and compliance life cycle which is built on a single infrastructure with a unified user experience. The purpose of this study is to provide a framework to evaluate the potential financial impact of implementing a comprehensive data security strategy within your organization.

learn how your potential R.O.I. can reach 218% with the Right Data Security Solution

Efficiently Securing Enterprise Data and Reducing Risk

To better understand the benefits, costs and risks associated with implementation, Forrester surveyed and interviewed several customers who have used the product for multiple years. Customer interviews and subsequent financial analysis found that a composite organization experienced these risk-adjusted ROI, benefits and costs:

ROI:
218 percent
NPV:
$1.8 million
Payback:
7.4 months
Scroll to view full table

As part of the analysis for the TEI study, Forrester asked the surveyed companies about the business challenges their organizations faced around data security. Answers revealed a number of common drivers for why the companies needed to invest in enterprise data security:

  • Meeting regulation and compliance requirements;
  • Increasing security and compliance around big data projects, such as Hadoop, NoSQL and in-memory;
  • The focus on a security, compliance and data privacy strategy has increased and become more important within the organizations;
  • A desire to become more proactive as opposed to reactive with respect to data security and compliance strategies;
  • Minimizing the risk of audit failure occurring in the future.

Why Guardium for Data Security?

Prior to their investment in Guardium, these organizations managed data security and compliance using a patchwork approach with various tools, internally developed solutions and manual processes. These approaches were seen as inefficient and inadequate for today’s security and compliance needs. In each organization interviewed, it was revealed Guardium was selected over competing products because:

1. It helped the organizations meet compliance reporting and auditing requirements.

Guardium monitored privileged users and blocked unauthorized access, and provided coverage across many environments, including different data platforms, databases, data warehouses, Hadoop, big data, repositories, files and applications and protocols.

2. It provides improved visibility into the data.

It was found that, at times, organizations were not aware of all of their sensitive data, and Guardium helped them uncover potential sources of concern. As these organizations begin taking on more big data projects where the dangers of data security are magnified, a better understanding of where sensitive data lies becomes increasingly important.

3. IBM is a trusted leader in the data security and compliance space.

The organizations felt that working with a strong partner in the security space created a trustworthy environment. Additionally, the nonevasive design and the scalability of the solution means it can support environments of different sizes without a negative impact on the performance of databases or data warehouses.

READ THE SOLUTION BRIEF TO LEARN MORE ABOUT SECURING THE DATA THAT POWERS YOUR BUSINESS

More from Data Protection

How secure are green data centers? Consider these 5 trends

4 min read - As organizations increasingly measure environmental impact towards their sustainability goals, many are focusing on their data centers.KPMG found that the majority of the top 100 companies measure and report on their sustainability efforts. Because data centers consume a large amount of energy, Gartner predicts that by 2027, three in four organizations will have implemented a data center sustainability program, which often includes implementing a green data center.“Responsibilities for sustainability are increasingly being passed down from CIOs to infrastructure and operations…

Why maintaining data cleanliness is essential to cybersecurity

3 min read - Data, in all its shapes and forms, is one of the most critical assets a business possesses. Not only does it provide organizations with critical information regarding their systems and processes, but it also fuels growth and enables better decision-making on all levels.However, like any other piece of company equipment, data can degrade over time and become less valuable if organizations aren’t careful. What’s even more dangerous is that neglecting data hygiene can expose organizations to a number of security…

Router reality check: 86% of default passwords have never been changed

4 min read - Misconfigurations remain a popular compromise point — and routers are leading the way.According to recent survey data, 86% of respondents have never changed their router admin password, and 52% have never adjusted any factory settings. This puts attackers in the perfect position to compromise enterprise networks. Why put the time and effort into creating phishing emails and stealing staff data when supposedly secure devices can be accessed using "admin" and "password" as credentials?It's time for a router reality check.Rising router risksRouters…

Topic updates

Get email updates and stay ahead of the latest threats to the security landscape, thought leadership and research.
Subscribe today