Transparency Market Research issued a report estimating that the global data center security market will grow at an annual rate of 12.6 percent from 2014 to 2022. The market was valued at $4.05 billion in 2013. With this amount of estimated growth, IT management providers can expect a boom in business in the coming years.
The data security market consists of logical and physical components (software and hardware) as well as services and consulting. Recent high-profile data breaches and increasing demand in cloud computing are raising the standards in security practices. More and more firms are devoting a higher amount of assets to internal and external data security measures to ensure information stays private.
Data breaches are becoming more commonplace, which is scary because the data being leaked isn’t just the average person’s private Facebook messages. With up to 40 million credit/debit cards compromised by Target’s data breach in 2013, 56 million credit/debit cards compromised by Home Depot’s breach in 2015 and 21 million citizens’ social security numbers and other information compromised this month, large-scale data breaches are no joke. Information is more valuable than any other company asset, and for that reason top security practices must be practiced.
When first thinking of data security, you may think of software and hardware precautions to prevent any external breaches. Truthfully, more data can be stored on a device than meets the eye for an indefinite period of time. For this reason, proper data erasure techniques need to be practiced so pertinent information isn’t leaked to the wrong source, even after that device is done being used. Companies need to remain vigilant in their security efforts; even as a device reaches the end of is use. The best way to ensure data is properly disposed of is to pair with a certified IT asset management provider.
HOBI’s Enterprise Asset Services (EASE) provides the highest standard of data security and erasure. From beginning to end of a device’s life, we maintain data confidentiality as the highest standard. We provide both on- and off-site NIST 800-18 and DOD-compliant data security and erasure using HOBI’s proprietary data clearing software.
With hackers becoming more clever and online data becoming more and more personal, companies need to focus more of their assets towards data security through their devices’ entire lifecycles. The growing number of data leaks represents the growing need for top-notch data security and erasure.