Press release

Survey: Countries with Government-Mandated Encryption Backdoors More Susceptible to Nation-State Attacks

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Sponsored by Businesswire

Venafi®,
the leading provider of machine identity protection, today announced the
results of a survey on government-mandated encryption backdoors that
evaluated the opinions of 517 IT security professionals attending the
RSA Conference 2019. It showed that 73 percent of respondents believe
countries with government-mandated encryption backdoors are more
susceptible to nation-state attacks.

“This is a tense moment for industry professionals because they know
backdoors make our critical infrastructure more vulnerable,” said Kevin
Bocek, vice president of security strategy and threat intelligence at
Venafi. “This is not rocket science; backdoors inevitably create
vulnerabilities that can be exploited by malicious actors. It’s
understandable that so many security professionals are concerned because
backdoors are especially appealing to hostile and abusive government
agencies and more governments are considering these mandates.”

Additional findings from the survey include:

  • Sixty-nine percent believe countries with government-mandated
    encryption backdoors suffer economic disadvantages in the global
    marketplace as a result.
  • Seventy percent believe governments should not be able to force
    technology companies to grant access to encrypted user data.
  • Twenty-five percent believe technology companies are doing enough to
    protect consumers’ personal information.

Bocek added: “Last December, Australia’s
parliament passed legislation
requiring tech businesses to create
encryption backdoors within their products. We know that attackers don’t
abide by restrictions; they don’t follow the rules or buy products in
controlled markets. Countries that enact these near-sighted restrictions
harm law abiding businesses and court economic damage as well as
intrusions focused on sovereign government processes.”

For more information:
https://www.venafi.com/blog/venafi-survey-negative-impact-government-mandated-encryption-backdoors

About Venafi

Venafi is the cybersecurity market leader in machine identity
protection, securing machine-to-machine connections and communications.
Venafi protects machine identity types by orchestrating cryptographic
keys and digital certificates for SSL/TLS, IoT, mobile and SSH. Venafi
provides global visibility of machine identities and the risks
associated with them for the extended enterprise – on premises, mobile,
virtual, cloud and IoT – at machine speed and scale. Venafi puts this
intelligence into action with automated remediation that reduces the
security and availability risks connected with weak or compromised
machine identities while safeguarding the flow of information to trusted
machines and preventing communication with machines that are not trusted.

With over 30 patents, Venafi delivers innovative solutions for the
world’s most demanding, security-conscious Global 5000 organizations and
government agencies, including the top five U.S. health insurers; the
top five U.S. airlines; four of the top five U.S., U.K., Australian and
South African banks; and four of the top five U.S. retailers. Venafi is
backed by top-tier investors, including TCV, Foundation Capital, Intel
Capital, QuestMark Partners, Mercato Partners and NextEquity.

For more information, visit: www.venafi.com.