Benefits of Data Encryption

For large commercial organizations, data security is not only a corporation option, it's the law. Losing sensitive data by way of natural disasters or physical theft can have severe consequences on a company, possibly crippling the entire organization. While there are many different security mechanisms, data encryption is perhaps the most effective in regard to protecting confidential information.

Why Data Encryption?

Intellectual property such as your employee and client information, product descriptions and business outline all qualify as invaluable information. These critical details should be secured at all times to ensure the integrity and confidentiality of your organization. This information is the core of your business and without it, you can't operate. If a criminal is able to access this data, there is no limit to the damage they can inflict.

Believe it not, your data is vulnerable and can be compromised in the following ways:

Virtual attack - This could be an industry rival that learns to bypass security and gains access to competitive data. It could also be a malicious attack that purposely corrupts data.

Physical attack - Perhaps a disgruntled employee is seeking ways to damage the company by stealing files or purposely destroying data.

Most corporations implement multiple forms of security by using hardware solutions such as routers and firewalls. These devices protect essential data by keeping external threats out of the network. Unfortunately, intruders will employ numerous attacks, specifically targeted at your information. When attackers find a way to penetrate your first line of defense, data encryption steps up and helps to ensure that your secrets can't be viewed.

Encryption has changed drastically over the years, going from a military solution to widespread public use. Whether it's hardware or software-based, this method is fast, easy to use and most important, secure. Here some of the key benefits this solution offers:

Power: The best in data encryption is based on global standards, able to mitigate potential corruption without flaw. Many solutions are large enough to ensure that an entire organization is in full compliance with security policies. Data encryption allows a corporation to achieve military-level security with easy and affordable solutions.

Flexibility: Data encryption can protect your sensitive information whether it's stored on a desktop or laptop computer, a PDA, removable storage media, an email server or even the corporate network. This allows you to securely access important data from the office, on the road or at home. If the device is lost or stolen, the information will be protected by the data encryption mechanism.

Transparency: It wouldn't be a good idea to employ any security measure that negatively impacts your business. An efficient data encryption solution enables your business to flow at a normal pace, silently securing crucial data in the background. Some of the best options are those running effectively without the user even being aware.

There are many benefits of data encryption as this solution provides solid protection in the event of a security breach. Not only does it offer peace of mind, it also frees up resources normally used by your perimeter defenses. Every security measure you set in place is important yet inefficient if confidential data itself is not protected.

 

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In 2003, more than 10 million Americans fell victim to identity theft.

Identity theft costs business and individuals $53 billion dollars annually

In 2003, Americans spent 300 million hours resolving issues related to identity theft.

70% of all identity theft cases are perpetrated by a co-worker or employee of an affiliated business.