Corporate Data Leaks Spur Interest in Storage Security

Wednesday Apr 20th 2005 by Staff

High-profile data security breaches are boosting the fortunes of storage security vendors. Will national legislation follow?

[From Enterprise Storage Forum]

Recent data security breaches like the loss of backup tapes at Bank of America and Ameritrade are boosting the fortunes of storage security vendors such as NeoScale Systems, Decru, Vormetric and Kasten Chase.

"These public events of private data being compromised have increased the number of inquiries," says Tom Grubb, vice president of marketing at Santa Clara, Calif.-based Vormetric. "In particular, we're seeing a lot of interest from financial institutions."

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