Aberdeen Group - Firms Save Millions by Encrypting End Points

Encryption and anti-theft solutions enable organizations to avoid hundreds of data loss or exposure incidents per year

Toronto, Ontario – March 9, 2010 – WinMagic® Inc. (www.winmagic.com), an innovative leader in full-disk encryption (FDE), applauds the research study released by Aberdeen Group, a Harte-Hanks Company (NYSE:HHS), which found that for every 100 enterprise endpoints that go out, only 85 come back – five are lost or stolen (one of these is successfully recovered) and 11 remain missing. The, “Laptop Lost or Stolen? Five Questions to Ask and Answer,” report notes that compared to all others in the study, the top performers realize $44 per endpoint in cost savings from reducing the net number of lost, stolen and missing endpoints, and tens of millions of dollars in costs avoided by averting more than two-times the number of data loss or data exposure incidents.

When a laptop is lost or stolen – and the odds of that are high – there are five key questions organizations should ask and answer: What happened? What assets are at risk? What protections were in place? Where is it now? Can we prevent future occurrences? This research shows that best practice is to protect against data loss or data exposure by encrypting sensitive information, and by remotely destroying or “wiping’ the data or remotely disabling or “killing” the platform. Top performers reduce the number of endpoints that get lost, stolen or unaccounted for, by maintaining accurate asset tracking information and by leveraging anti-theft technologies to deter future occurrences.

“Companies have prioritized their investments based on cost avoidance from the potential loss or exposure of their sensitive data,” said Derek E. Brink, vice president and research fellow for IT Security, Aberdeen Group. “But it’s worth noting that the opportunity for concrete cost savings is also quite significant, based on a reduction in the net number of endpoints that are lost, stolen, or missing.”

WinMagic recently teamed with Intel Corporation to support Intel® Anti-Theft Technology (Intel® AT). Available in select systems with the new 2010 Intel® Core™ processor family, Intel AT acts as a laptop theft deterrence mechanism – enabling organizations to issue a “poison pill” to stolen laptops whether or not they are connected to the internet. When a protected notebook is reported as lost or stolen, Intel AT can remotely disable the computing platform and perform a data-disable function. Purchasing WinMagic’s SecureDoc adds full-disk encryption and encryption management to Intel AT – ensuring data cannot be accessed in the time it takes to report the loss and disable the laptop. SecureDoc’s enterprise-class “always-on” full-disk encryption ensures data cannot be accessed even if the hard drive is removed and installed on another computer.

If the laptop is recovered, it can easily be returned to its pre-theft state via a typical help desk challenge/response scenario. Since the data on the recovered laptop is not deleted, the protection is non-destructive and the data has been protected by SecureDoc the entire time, it can be retrieved securely upon routine pre-boot authentication.

SecureDoc with Intel AT combine to enhance security, positive end-user experience and ease of management for both standard and self-encrypting drives – ensuring organizations can comply with privacy and security regulations by making it simple to manage their entire suite of security functionalities in a heterogeneous IT environment from a single central SecureDoc™ Enterprise Server management console.

“Intel® Anti-Theft Technology managed under one SecureDoc Enterprise Server not only enables organizations to manage all encrypted data on all devices under one umbrella, but also brings new enterprise-class security functionality to enhance the protection of laptops,” said Joseph Belsanti, Vice President, WinMagic Inc. “This study finds that encryption and anti-theft solutions are the best way for organizations to deter thefts from occurring in the first place by disabling the PC platform,” Belsanti continued. “WinMagic’s partnership with Intel® also provides organizations with the functionality to perform a secure, non-destructive, data disable – as opposed to a crypto erase – safe in the knowledge that the device can be returned to its pre-theft state if found where all data has been protected by full-disk encryption at all times.”

Compatible with Microsoft Windows, Mac and Linux platforms, SecureDoc protects all data stored on servers, desktops, laptops and removable media, such as USB thumb drives and CD/DVDs. If a password is forgotten, or if the user is not available, centralized escrow and management of encryption keys ensure data can still be accessed.

Please visit http://www.aberdeen.com/link/sponsor.asp?cid=6443 to obtain a complimentary copy of the report. To view complimentary 30-minute webcasts highlighting findings from this and other Aberdeen IT Security research, please visit http://www.brighttalk.com/channels/1209/view.

About WinMagic Inc.
WinMagic’s SecureDoc full-disk encryption solutions make it simple to protect all data on desktops, laptops, tablets and removable media including USB thumb drives, CD/DVDs, and SD Cards. Compatible with Microsoft Windows 7, Vista, XP, and 2000 as well as Mac and Linux platforms, SecureDoc makes it just as easy to centrally manage and use an encrypted device as an unencrypted device including Seagate and Opal self-encrypting drives. WinMagic is trusted by thousands of enterprises and government organizations worldwide to minimize business risks, meet privacy/regulatory compliance requirements, and protect valuable information assets against unauthorized access. With a full complement of professional and customer services, WinMagic supports over three million SecureDoc users in approximately 43 countries. For more information, please visit www.winmagic.com, call 1-888-879-5879 or e-mail us at info@winmagic.com.This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

WinMagic, SecureDoc, SecureDoc Enterprise Server, Compartmental SecureDoc, SecureDoc PDA, SecureDoc Personal Edition, SecureDoc RME, SecureDoc Removable Media Encryption, SecureDoc Media Viewer, SecureDoc Express, SecureDoc for Mac and SecureDoc Central Database are trademarks and registered trademarks of WinMagic Inc., registered in the US and other countries. All other registered and unregistered trademarks herein are the sole property of their respective owners. © 2009 WinMagic Inc. All rights reserved.

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