Benefits of Encryption Technology for Business and Consumer Data - Softvire Global Market

5 Benefits of Encryption Technology for Data Protection

How successful is encryption technology in protecting corporate and consumer data? Encryption protects your data or information. It has been used for centuries. In an insecure environment, it is common sense to safeguard one’s data or information. Recently, there has been a revived interest in encryption or cryptography to protect privacy.

A huge global village where everyone can easily connect has also been described. But would you want the whole town to know your every move? Unfortunately, hackers are omnipresent, and if you aren’t vigilant, they may access your emails, bank data, and personal papers.

So encryption protects you from peeping toms and eavesdroppers, not destroys them. Cryptography is the scrambling of data to make it appear not very sensible unless the key is known.

It also encrypts data and information into a code that is often a continuous flow of another sort of information to coat or cover your data with it. This is done to prevent unwanted access to confidential papers and information. Data translation into a code also encourages limited data access.

Only those with the cipher or key to decode the encryption set may access it. To find a file or document, a person needs to complete a set of procedures. A security protocol should also restrict access to a system or network. In the event of a data breach, your encrypted data is worthless without a decryption key.

In the event of a data breach, the attackers will not see the data due to data encryption.

READ MORE: Top 4 Reasons Small Businesses Need Big Data

Top 4 Reasons Small Businesses Need Big Data

5 Benefits of Data Encryption Technology  

Here are the advantages of encrypting your business data:

1. Encryption Technology Is Now Available

Most of the devices we use and the different operating systems have built-in encryption technology. It may not be readily available. It may not even start automatically, but encryption is within our devices.  

Microsoft has a Bit locker that allows users to encrypt entire volumes of their hard disk. Even our mobile phones, iPhones, and Android phones, have their encryption features already built in.  

If you look at Play Store or Appstore, you find many applications that protect your data through encryption.  

Whether at home or work, you need to provide a username and a password in your local network. The information that is saved on your local machine is protected by encryption. The encrypted data contains the usernames and passwords of the workers that work for that firm, which are stored in a secure location.

In the early days of the computer, networking was not a feature in the computer. But once networking was available, businesses saw the need for divisions and limited employee access to some areas that contain data, which, in turn, goes through encryption.  

2. Encryption Technology Fulfills Regulation Demands.

The General Data Protection Regulation (GDPR) and other legislation give advice on the necessity to encrypt data, but they do not make it a mandate. But as a business or establishment in the EU, they recommend that security measures be in place for their protection and client protection.  

Other regulations, such as healthcare-related establishments, set requirements for confidential files. These may include devices that contain sensitive data of clients, patients, and suppliers. Confidential data sucg=h as these needs encryption regulations.  

This implies that if a hard drive, a thumb drive, a memory card, or any other storage device containing private information is missing, the firm or organization responsible may face sanctions.

3. Encryption Technology Protects Data Flow in Remote Work

In this unprecedented time of the pandemic, most people had to work from home to keep themselves and their families safe and prevent other people.  

The ability to work from home was a luxury or a reward before for people with a substantial contribution to the company’s success. It was also formerly the preferred method of outsourcing tasks in order to locate a more affordable option for workers.

But amid the pandemic and the emergence of a new way of living, working remotely has become necessary. For this scenario, data encryption protects the flow of data from remote workers to the company’s servers.  

Data breaches, according to security experts, are more likely when workers operate remotely. The gadget or unit used for work by the remote worker will also contain private data and information.

Normally, the company’s network administrator and IT staff would protect the device and monitor the data flow. However, they need a method to protect data from the remote employees’ end to their servers.

Encrypting private data from distant employees may be done via a Virtual Private Network (VPN)  to encrypt the data and prevent hackers from intercepting the data.

4. Encryption Technology Safeguards Data Integrity

It is not possible to provide a full-proof assurance for data that is not in motion, is stagnant, or is at rest while using encryption. But it can verify the integrity of the backups you have made. With digital signatures, the company and the data security team can maintain the integrity of the data.  

At the same time, it is in motion toward its intended recipient. Encryption prevents hackers from intercepting communication and manipulating of such data because the recipient could quickly check for any unauthorized tampering of the data. 

5. Encryption Technology Increases Consumer Trust

With high-profile data breaches happening in seemingly regular intervals, it may be fair to say that we need action to hinder the erosion of trust from consumers towards establishments. There is a growing public acceptance of the need to encrypt data.  

With the rise in popularity of services that provide VPN, advertising, and informing your consumer base, even followers from social media and visitors to your website would see that your business conforms to industry standards and requirements. That your establishment cares to gain their trust and that the company takes the proper measure to protect their confidential financial information. 

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Encryption Technology for Businesses and Consumers is Vital 

Given the advantages of data encryption, data encryption should be implemented in an unsecured environment such as the Internet. Just like how people of the past tried to encrypt their communication with their enemies, encryption is essential today for our protection. It is easy to see that malicious intent does not stop with the first attempt. Encryption is another way to protect our critical information from unauthorized use and abuse.  

In this post-pandemic economy, it is critical to use emerging technologies and secure the use of tech and operations around them. Businesses need the best front-end web development tools and the most secure cloud storage.

An example of secure cloud storage is Microsoft Windows Server Datacenter. It links on-premises and Azure systems. It helps modernize software by improving security standards.

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Microsoft Windows Server 2012 Datacenter

Microsoft Windows Server Datacenter is the server platform of choice for growing businesses. Because Windows Server Datacenter is cloud-ready, it strengthens your organization’s digital infrastructure. You may also get a Windows server license that allows you to run an unlimited number of virtual machines on a single physical server.

Check our Softvire online software store for other Microsoft digital products we have on sale to make your purchase more worthwhile. Follow us on @SoftvireGlobalMarket for the latest updates on our best deals and promos.

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