Bad certificate, encryption key management plagues organizations
A majority of organizations surveyed by Venafi said that they had lost or were unable to account for digital certificates and encryption keys on their systems.
Some companies have more than 10,000 digital certificates deployed, and they are managing them manually on spreadsheets, according to a survey of 471 managers and C-level executives conducted by Venafi. Fifty-nine percent of respondents worked at organizations with more than 5,000 employees.
A full 46% of respondents are managing at least 1,000 digital certificates, and 20% are managing more than 10,000. Jeff Hudson, Venafi CEO, told Infosecurity that the number of digital certificates has been "exploding", growing at a rate of 150% to 200% per year. “And these certificates are not being managed well”, he said.