With digital security threats on the rise as the world fights with COVID-19, encryption is more important than ever. It secures data and helps secure our work from home, protects the integrity of critical public health information, and keeps our communications with friends and family confidential.
Data security refers to measures taken to prevent unauthorized access to the information stored in computers and databases or on the web, and to prevent the modification or corruption of that information. Data security is sometimes called computer security, systems security or information security, and is an important part of the information technology systems for all organizations, large and small. Strong data security has become vital for all organizations as the number of data breaches and other security problems happened in recent years.
Each year, data breaches are responsible for compromising the personal information of millions of people around the globe. These breaches cost organizations billions of dollars and euros per year, and are causing governments to implement new requirements for organizations to secure their data. However, experts have established best practices on how organizations can protect their data.
End-to-end encryption maximizes data protection regardless of whether the data is in a public or private cloud, on a device, or in transit. It can be invaluable in the effort to combat advanced threats, protect against IoT-enabled breaches, and maintain regulatory compliance. Encryption is a process based on a mathematical algorithm (known as a cipher) that makes information hidden or secret. Unencrypted data is called plain text and encrypted data is referred to as cipher text. In order for encryption to work, a code (or key) is required to make the information accessible to the intended recipients. Also, before enterprises can decide how to encrypt, they have to determine what to encrypt. That could be a solution for organizations dealing with budget and staffing limitations.
Today we are witnessing the rise in encryption use across multiple industries and that indicates that encryption continues to be adopted as a best practice and an increasingly important layer in a data protection strategy. After encryption, backing up all data is another key way of protecting yourself from security breaches.
Developing an encryption program should be part of an overall enterprise risk management and data governance planning process. A comprehensive approach that considers specifically which data sets — structured, or unstructured — should be encrypted, and how key management should work will generate greater efficiency and effectiveness for an IT organization.
Minimize your risk by seeking specialist help to select the best type of insurance for your company, based on your risk of attack and the financial impact of such an event. Contact us with confidence at https://alfatec.hr/en/contact/