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The majority of IT security professionals believe encryption backdoors are ineffective and potentially dangerous, with 91 percent saying cybercriminals could take advantage of government-mandated encryption backdoors.

72 percent of the respondents do not believe encryption backdoors would make their nations safer from terrorists, according to a Venafi survey of 296 IT security pros, conducted at Black Hat USA 2017.

Giving the government backdoors to encryption destroys our security and makes communications more vulnerable, said Kevin Bocek, chief security strategist for Venafi. Its not surprising that so many security professionals are concerned about backdoors; the tech industry has been fighting against them ever since global governments first called for unrestricted access. We need to spend more time protecting and supporting the security of our machines, not creating purposeful holes that are lucrative to cybercriminals.

Encryption backdoors create vulnerabilities that can be exploited by a wide range of malicious actors, including hostile or abusive government agencies. Billions of people worldwide rely on encryption to protect critical infrastructure including global financial systems, electrical grids and transportation systems from cybercriminals who steal data for financial gain or espionage.

Link:
How security pros look at encryption backdoors - Help Net Security