Really expensive encryption

According to the recent trust catalyst (their use of capitalization, not mine) 2009 Encryption and Key Management Industry Benchmark Report, 10 percent of people think that the reason that more people don't encrypt backup tapes is that encrypting tapes costs more than a data breach so that encrypting backup tapes isn't cost-effective.

What I learned from reading that is that 10 precent of people will pretty much believe anything.

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