Some even provide a secure sharing method for coworkers to collaborate without risking the company’s secrets. The best encryption packages not only provide a choice of encryption method but can scramble individual files so that employees can safely send and share key data with colleagues. If the app balks at encrypting large files or doesn’t consistently decode them, it won’t be used and the firm’s data will be just as vulnerable as if it didn’t have the software. What to look for in a file encryption toolįirst, a business-class encryption program has to, well, encrypt files efficiently, reliably, and quickly so that workers actually use it. Others, like Microsoft’s BitLocker and Apple’s Data Vault, are meant for scrambling the entire disk of a computer, not individual files. Still, it leaves the data at more than half of firms exposed and potentially unprotected.ĭozens of encryption packages are available, though many of the apps are aimed at consumers hiding compromising frat party pictures or legal documents. In 2020, that figure was up to 48%, with payment, financial, and personnel records the top choices for encryption. As recently as 2005, only about 15% of US companies surveyed by the Ponemon Institute had an encryption strategy. So, even with a break-in, your company’s data would remain secure because the encrypted files will remain unreadable to the intruders.Įncryption is becoming a popular way to protect company data. AES-256, an astounding 3 followed by 76 zeros possible keys are available. Using the variant with a 256-bit decryption key, a.k.a. Take the popular Advanced Encryption Standard as an example.
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The odds are heavily stacked against a hacker randomly guessing the key or using the brute-force approach to crack the encryption key. The mathematical magic of encryption means that only those with the correct key can unscramble its contents and open the file.
The best way to keep these things-and every other confidential item-under wraps is to hide them in plain sight by encrypting them.
It might be its customer list, proprietary source code, next-gen product plans or even the secret sauce for its sandwiches, but they all need to be protected from hackers, snoops and industrial spies. Large or small, every company has secrets it needs to keep to stay in business.
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