Give some examples of security problems that will be addressed by your encryption solutions.
The CEO asked why we havent been using encryption all along if it is so easy. Other than hardware and software costs, provide a response to this question.
Give some examples of security problems that will be addressed by your encryption solutions.
Introduction
Encryption is one of the most important tools in any security professional’s toolkit. It can protect your data, networks and computers from threats like hackers, identity theft and data breaches. That’s why we spend so much time educating our customers on the importance of encryption; if you don’t understand it, how are you supposed to implement it correctly? With that said, there are plenty of situations where encryption solutions won’t be enough:
Data breaches and theft of data.
Data breaches are a serious problem. They can lead to identity theft, loss of business data and customer data, employee records and other sensitive information.
Encryption solutions can help address these concerns by ensuring that your company’s sensitive information remains secure from unauthorized access or disclosure.
People stealing your identity and committing fraud.
Identity theft and fraud are two of the most serious threats to your personal information. It’s estimated that more than 10 million people have been victims of identity theft in just the past year and a half, with losses running into billions of dollars worldwide. Fraud is also on the rise: The Federal Trade Commission has found that every day Americans lose $10 million due to fraud activities, which include everything from credit card scams to fake checks written against their bank accounts.
Encryption can help prevent both of these problems by making it more difficult for someone to steal your identity and commit fraud by making it harder for hackers or cybercriminals to access data stored on computers or mobile devices using strong encryption methods such as 2048 bit SSL encryption (the highest level).
Hackers who want to steal your data, network or computer.
Hackers can steal your data and information, which is why you must be sure that your encryption solutions are in place. Hackers can also steal your computer, network and identity. They will also want to know what you do for a living, how much money you make and where you live so they can use this information against you later on down the line.
It’s important that businesses have their own policies when it comes to protecting themselves from hackers who want nothing more than to steal their business’ data or information for personal gain or profit.
A disgruntled employee destroying your company’s reputation and business by leaking confidential information to competitors or the public.
If you’re a company that sells products or services, it’s important to protect your customers’ information. If someone steals data and leaks it to competitors or the public, they could ruin your business by ruining their reputation and hurting sales.
You can prevent this kind of problem by encrypting all sensitive information in your system, including customer data and payment cards. You should also have an incident response plan in place so that if someone does leak confidential information to competitors or the public (for example), you know how to respond quickly when this happens so that no more damage is done than possible.
A company that wants to use a competitor’s encryption technology but has no technical understanding of how it works.
There are several ways to assess the risk of using a competitor’s encryption technology.
Ask yourself if you have enough time and resources to learn how it works, or if there is another way that doesn’t require learning all the ins and outs of one product. For example, if you’re looking at an open source encryption solution like OpenSSL or GnuTLS:
Will the vendor provide support for this software? If so, how much will they charge for consulting and support? Does your company have any experience with these vendors’ products in the past? Do their prices seem reasonable compared with those of other companies offering similar services (e.g., Red Hat)?
Are there any open source alternatives available that might work better for your specific needs at this point in time (e.g., LibreSSL instead of OpenSSL)?
Some security problems will be addressed by using encryption solutions.
Encryption is a solution to many security problems. It can:
Protect data, network and computer
Protect your identity and prevent fraud
Protect your company’s reputation and business
Prevent using another company’s encryption technology
Conclusion
That’s it! We hope you’ve enjoyed reading about some of the problems that encryption can solve. If you’re still having a hard time finding what kind of security issues your company might be facing, we recommend that you contact us for a free consultation on how we can help.