Encryption in its modern form has been around for decades, but it’s still something that companies are failing to implement. Encryption is often neglected when it comes to corporate cyber security, despite the fact that it forms the cornerstone of any robust security strategy.
Data has never before been so valuable, or so widely targeted – this isn’t just due to the increasing complexity of attack methods, but also due to the range of ways that we transfer sensitive data every day.
Encrypting data is a basic way to protect sensitive corporate and customer data, and so far this year, many large companies have learned this lesson the hard way.
From these breaches, and many others, it’s clear that encryption – or the lack of it – is a huge factor in the size of the consequences of a data breach.
Securing data with encryption is not only a simple way to keep data safe, but is also of vital importance under GDPR. If you get it right, you won’t get fined – but get it wrong, and you can face significant reputational and financial damage. And now, with so many clever and easy to adopt solutions, there’s no longer any excuse not to have encryption in place.