Data encryption is an essential component of any business which is concerned with security. It converts plaintext (readable information) into a code that is unreadable called ciphertext. It is only those who have the correct key can decrypt back to its original format. This is also required by regulators in sectors like financial services and healthcare.
In a mobile-centric world where the information you share via social media, transmit via chat applications, and store in emails is constantly shifting between devices and servers encryption ensures the security of your data. It also keeps any prying eyes from accessing your private information https://www.boardroomexpo.com/secure-your-documents-with-the-best-data-room-advanced-encryption-and-access-controls/ or business secrets, helping you comply with regulations and mitigate cybersecurity threats.
Additionally, encryption can be used to protect data stored in fixed locations, such as a USB stick or hard drive. This is helpful when the data is taken by unauthorised persons. When utilized in conjunction with other security functions, such as authentication, encryption can ensure that even the threat of malware or a malicious insider manages to gain access to the data they won’t be able to access it or utilize it.
But regardless of how robust your encryption algorithm however, it’s only as effective as the security controls that determine who can, and who cannot, see the encrypted code. This is what’s referred to as security access control or access control. Putting too much emphasis on this aspect of security could affect the security and integrity of your data if you give the wrong people access to the keys that let it in.