Gartner estimates the data loss prevention market size (DLP) reached $670 million in 2013, a 25% increase over the prior year. There may be several reasons you’re evaluating a data loss prevention tool including the need to achieve or maintain compliance with external regulations (such as PCI, HIPAA, or HITECH), enforce internal policies, or prevent unauthorized disclosure of sensitive intellectual property. McAfee MVISION Cloud recently analyzed the market size along the various tools on the market and we wanted to share our findings with you.
Market share and installed base
The early enterprise DLP market focused on endpoints and network traffic including laptops, mobile devices, email, USB drives, and storage media like rewritable CDs (yes, those still exist). When you look at the installed base, the entire market is dominated by a handful of vendors. Symantec leads the market, with 47% of the installed base, followed by Intel McAfee with 18% of the installed base. The following chart summarizes DLP market share as measured by installed base:
Source: 451 Research
Companies across verticals have chosen these data loss prevention tools because of the breadth of their capabilities. Many companies have invested in configuring a robust set of policies within their DLP solution that maps to their corporate policies and regulatory requirements. They have also developed escalation workflows and remediation processes. Now that more corporate data is moving to the cloud, the question for companies with data loss prevention tools is how to extend their DLP policies to cloud services.
Data loss prevention tools for the cloud
According to McAfee MVISION Cloud’s latest Cloud Adoption & Risk Report, the average company now uses over 1,000 cloud services and this number is growing over 20% each quarter. Your employees may very well be uploading a wide variety of sensitive and regulated data such as personally identifiable information (PII), personal health information (PHI), as well as customer and proprietary information. Enterprises need a solution that extends their enterprise DLP policies to the cloud, without requiring them to create redundant policies and escalation workflows.
McAfee MVISION Cloud CASB performs online and offline DLP inspection and integrates with leading data loss prevention tools including Symantec Data Loss Prevention, EMC RSA Data Loss Prevention, Websense Data Security, and Code Green Networks TrueDLP. By extending your existing policies and workflow to the cloud, you can leverage existing investments. If you do not already have an enterprise DLP solution, you can also configure policies and workflows in McAfee MVISION Cloud. Configurable actions include alerting, encrypting, blocking, quarantining, and tombstoning.
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Categories: Cloud Security