Data Encryption is not just for big corporations. In today’s world, small and medium sized businesses also need to be vigilant when it comes to protecting their confidential data. According to Symantec’s 2017 Internet Security Threat Report, 2016 saw a total of 1,209 reported data breaches from companies of all sizes.
36% of those breaches were attributed to Theft of Data/Hackers. While, a combination of Improper Data Use, Accidental Data Loss, Device Theft, and (I hate to say this one) IT Errors accounted for 27% of data loss in 2016! It’s not just hackers we need to worry about anymore, apparently it’s us too.
There are many different approaches to encrypting your data. And, it is true that you do not need to employ encryption everywhere in the infrastructure of your business. Consider the areas where your sensitive data resides and flows. The most common areas where encryption is used are:
Endpoint Encryption – Full PC Disk Drives, Removable Media, and Mobile Devices are encrypted.
File and Folder Encryption – Files, Folders, Shared Drives, and even Cloud Storage are encrypted.
Email Encryption – Desktop, Gateway, and Mobile Emails are encrypted.
Whether driven by compliancy (HIPAA, PCI, etc.), concern for brand reputation, or simply the fear of the legal and monetary costs associated with a breach, your data needs to be secure. Technology advancements have made encryption options more cost–effective and easier for protecting your intellectual property and private data.
For now, I’ll leave you with this thought…
If you do happen to become the unfortunate victim of a data breach, and that data is encrypted…It is still protected.