Dataguise Recognized in Data-Centric Security Report with Market Forecast to Reach $5.38 Billion by 2022
Jan 16, 2018
Demand for Data-Centric Security Driven by Stringent Compliance Requirements Pertaining to the Protection of Sensitive Data in Databases, Files, and the Cloud
FREMONT, CA — January 16, 2018 — Dataguise, a leader in data-centric audit and protection (DCAP) software, today cited a new report titled Data-Centric Security Market Global Forecast to 2022 published by IT research firm MarketsandMarkets. In the report, analysts forecast the global data-centric security market to grow from USD $1.79 Billion in 2016 to USD $5.83 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 23.1%. The report indicates that sensitive data protection, data governance, and data auditing solutions will hold the largest share of the data-centric security market over the forecast period, and the retail vertical will have the highest compound annual growth rate (CAGR) over the same timeframe.
According to the report, “Data-centric security solutions audit and protect data at rest, data in motion, and data in use through various standards and protocols. To reduce the risk posed by hackers, insider threats, and other malicious attacks, and to constantly monitor the activity of sensitive data, enterprises are implementing data-centric security solutions. The solutions protect mission-critical data in disparate silos, such as databases, files, and the cloud. Some of the capabilities that data-centric security solutions have are data classification and discovery, privileged access management, policy management, activity monitoring, auditing, and reporting.”
Dataguise DgSecure is a widely deployed data-centric audit and protection platform, delivering simple, powerful capabilities for sensitive data governance. The out-of-the-box solution deploys quickly and eliminates the need for custom programming, reducing the time, resources, compliance costs and complication of alternative products. Security and risk management professionals looking to address data security and compliance issues are advised to use data-centric audit and protection products like DgSecure to mitigate threats and satisfy the regulatory requirements of protecting sensitive data.
DgSecure helps organizations meet existing compliance mandates and prepare for new regulations, such as the General Data Protection Regulation (GDPR) going into effect on May 25, 2018. Dataguise is the only vendor in its category to provide end-to-end sensitive data security, compliance, and governance to help address the data privacy requirements of the GDPR. The powerful software detects, protects, audits, and monitors sensitive data in real time across enterprise data repositories, both on premises and in the cloud—all from a single platform.
“Traditional IT security solutions have focused on protecting systems and networks rather than on the actual data,” said JT Sison, VP, Marketing and Business Development for Dataguise. “Data-centric security and compliance solutions like DgSecure protect against a full spectrum of attacks at multiple levels and provide broad visibility of sensitive data throughout the enterprise. With next-generation data infrastructure requiring a proactive approach to protecting such information, data-centric solutions provide the ability to scale security without impacting business operations.”
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Dataguise is the leader in sensitive data governance, providing data-centric audit and protection (DCAP) solutions that discover sensitive data and keep it secure. DgSecure by Dataguise precisely detects, protects, audits, and monitors sensitive data across the enterprise, on premises and in the cloud. Delivering a single, dashboard view of sensitive data security, policies, access, and trends, DgSecure gives IT and business leaders the insights they need to manage risk and compliance while maximising the value of information assets. The company is proud to secure the data of many Fortune 500 companies committed to responsible data stewardship. To learn more, visit: www.dataguise.com.