Threats to storage security are real and can be a significant liability. Seems as though not a week goes by in the press without another story of some data being lost, stolen or hacked. And there is a cost associated with these type of breaches. Here's an interesting web-based tool from Tech//404 that calculates the cost of data loss from security breaches and identity theft. The site also talks about a number of class action suits with class sizes ranging from a quarter of a million people to two million seeking damages in the range of $1,000 to $21,000 per person in the class. There could be some mind-boggling settlements.
Encryption is relatively easy - managing keys is the challenge. Multiple key management systems increases complexity and lowers the success of recovery. We believe that centralized key management trumps a disparate systems approach because it's more efficient and offers better data availability. Today's announcement has two components:
Enhancements to our HP StorageWorks Secure Key Manager - increasing the capacity to 2 million encryption keys per cluster and lowered entry price with a single client/node configuration.
Disk encryption for the XP24000 and XP20000 - encrypts data on disk drives so that data can not be read off a disk drive that is removed without having the key. Here's a short white paper that talks about the XP disk encryption.
We have a web page that has a number of white papers, including from a leading analyst firm Enterprise Strategy Group, and other information on today's announcement. While the announcement today focuses on storage, we have a broader security initiative called HP Secure Advantage Solutions. We're driving solutions that protect data, protect resources, and provide validation.
Here's hoping your data is secure and that we have a more secure week in the financial markets.