In mid-2021, Imperva commissioned Forrester Research to interview five current Imperva enterprise customers - two in the financial services industry and three in the insurance industry. The goal of the exercise was to gain insight into the economic impact of deploying the Imperva data security solution for typical Imperva customers.
Using this third-party snapshot of the composite results of Imperva deployments in five customer environments, Forrester created The Total Economic Impact of the Imperva Data Protection Solution report to suggest both the financially quantitative and qualitative benefits that Imperva can bring to an organization.
Get a free copy of the complete report here.
The Forrester report surfaced three key challenges for data protection during the interview process. According to the interviewees, these pain points drove the adoption of a new solution. From the report:
Using the composite results of deploying Imperva in five customer environments, Forrester Research discovered these quantitative benefits:
Forrester expands on the specifics of the $4.1M NPV in the report, providing details on staff time savings, cost reduction, and more. Here are some highlights:
If your company is exploring data protection and analytics solutions, you are likely challenged to provide a financial model that clearly shows the economic benefits of a new approach.
Economic impact reports such as this one should be considered a data point for internal research. The report’s transparent calculations enable you to understand the choices that were made and why, then if needed, modify them to align with your use cases.
For example, for staff financial modeling, salary assumptions can be adjusted based on geographic location. Or the infrastructure costs can be adjusted to reflect the actual number of aggregators in use.
Using the tables and assumptions in the report can result in major time savings.
Sensitive, proprietary, and personal data require proper security context to protect them from compromise. However, a comprehensive data security strategy involves more than technology.
You must consider data security as a long-term plan rather than a short-term goal. Risk assessment, inventory, data discovery, and classification, as well as incident response playbook development and business continuity planning (BCP), are all important components. These take time to design and implement. Cross-functional visibility and leadership buy-in are essential for success.
Tooling helps reduce the manual effort behind the implementation and daily management. It can also reduce manual errors and ensure consistent policy application.
Imperva’s research into data breaches provides visibility into the threat landscape, stolen data types, and even the human factor behind a breach. It provides visibility into the fact that 50% of the 100 studied breaches began in the web application, with a detailed breakdown of how the initial breach occurred.
Preventing breaches may seem an impossible task. A properly implemented data security program will, however, greatly reduce risk and allow your organization to recover more quickly should it occur.
To download the report, visit [here](<https://www.imperva.com/resources/resource-library/reports/the-total-economic-impact-of-the-imperva-data-protection-solution-full-report/>).
To learn more about Imperva’s approach to data protection, please contact [your Imperva Account Representative](<https://www.imperva.com/contact-us/>).
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