What is FIPS? Detailed Guide on FIPS 140-2
The Federal Information Processing Standard (FIPS) is a collection of rules published by the National Institute of Standards and Technology (NIST) that outlines how to store and handle sensitive data securely. It is a fundamental security precaution that all companies must use to protect Personally Identifiable Information (PII). FIPS defines best practices for data encryption, authentication, and access control.