Gordon Rapkin President and CEO Protegrity

Findings from a recent poll conducted by Protegrity Corporation, the leading technology innovator for data security management, show 52% of companies see database security as the top priority. However, to date, 72% of companies have spent security budgets on perimeter security and only 7% of responding companies have invested in database security.

"This disconnect demonstrates the dangerous vulnerability of sensitive information in most companies," said Gordon Rapkin, president and CEO of Protegrity. "Companies have traditionally focused investments on network security and firewalls in response to outside security threats. However, they have spent very few dollars on or devoted significant attention to securing their databases, which typically house millions of customer and other confidential records. This leaves databases unprotected to security threats, including those inside the firewall such as employees, partners, or suppliers.?

According to Protegrity's poll, over 75% of respondents cite regulatory compliance or liability as the main driver behind current security initiatives. Regulations such as HIPAA, the Gramm-Leach-Bliley Act, Sarbanes-Oxley, Visa?s Cardholder Information Security Program, Master Card?s Site Data Program, and California State Bill 1386 have recently been implemented in order to protect personally identifiable consumer information from misuse and ensure information integrity. By defining reasonable security standards, these regulations also increase the risk of liability lawsuits for companies not adopting best-practice security precautions.

Security regulations impact all organizations and impose stiff penalties for those that do not adhere to requirements. Protegrity?s Secure.Data meets and exceeds the requirements for current and emerging regulations by encrypting sensitive data and centrally defining and managing enterprise database security policies. Incorporating patented security technology, Secure.Data delivers a unique combination of strong data protection and extensive auditing and management reporting capabilities, without impacting existing applications and IT infrastructure.

Protegrity Corporation is an innovator of data security management. The company?s flagship product, Secure.Data, enables companies to deploy comprehensive security policies that empower management to confidently take responsibility of their sensitive data. With Secure.Data, businesses can mitigate corporate risk and assure compliance with regulatory obligations. Protegrity?s solutions are platform independent and are designed to protect information wherever it resides in today?s highly distributed computing environments.

For more than eight years, Protegrity?s award-winning technology has helped more than 60 customers, including many of the Fortune 100, address and resolve critical security challenges. Protegrity invented the core technology used for data-level encryption and owns key patents for database security and protection.