NEW TECH: How ‘cryptographic splitting’ bakes-in security at a ‘protect-the-data-itself’ level

From securityboulevard.com

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How can it be that marquee enterprises like Capital One, Marriott, Facebook, Yahoo, HBO, Equifax, Uber and countless others continue to lose sensitive information in massive data breaches?

The simple answer is that any organization that sustains a massive data breach clearly did not do quite enough to protect the data itself.

It’s not for lack of trying. Tech consultancy IDC recently estimated that global spending on security-related hardware, software and services is growing at a compound annual growth rate of 9.2% a year and is on a curve to reach $133.8 billion by 2022.

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