Encryption has been a hot topic of discussion during the implementation phase of most data privacy laws. In the age where organizations are dealing with large volumes of data each day, the protection of this sensitive data is critical. The data, which is seen as a business-critical asset for organizations, should be protected against malicious hackers looking for opportunities to steal the data.
Encryption is the process of converting plaintext data into an alternative form known as ciphertext. However, only authorised users can decipher the ciphertext back into clear-text to access the information. There are two types of encryption in widespread use, i.e. symmetric and asymmetric encryption. These names symbolise whether the same key can be used for encryption and decryption processes. These two terms: Encryption and cryptography, are often used interchangeably.
Over the past decade, we’ve seen a massive shift towards relying on cloud technologies for everything we do, from watching TV shows and movies to sharing photos. Organizations have done the same. To increase efficiency and availability, they have moved their data and workloads to the cloud. But in a world of expanding threats, it has become necessary to implement additional layers of security for cloud data, applications and services to ensure privacy remains a top priority.
Your business is growing at a steady rate, and you have big plans for the future. Then, your organization gets hit by a cyberattack, causing a massive data breach. Suddenly, your company’s focus is shifted to sending out letters to angry customers informing them of the incident - which is required by law in most states - and devising strategies to deal with the backlash.
With the help of breath taking technological advancements, the majority of our communications are conducted online. That is why encryption techniques are more important than ever. Keep reading to learn more about encryption techniques and identity based encryption.