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It might surprise you to learn that the average data breach costs businesses approximately $4.5 million per incident. As you might expect, this can be difficult or impossible to overcome.
The good news is that proper data security management goes a long way toward avoiding a data breach. More specifically, data encryption is one of the most important cybersecurity measures to take.
We’ve put together a brief guide that will help ensure you get started on the right track. Let’s explore the most important network security tips you should know.
This process involves scrambling data so that only authorized users can view it. This is true even if unauthorized users have access to the information.
For instance, someone could access data on a company’s server but be unable to read it. You’ll need the proper decryption key to decode the information. In context, encryption takes plaintext and converts it to ciphertext using an algorithm.
By using the decryption key, you can “solve” the encrypted text and view it. As you might expect, encryption is ideal for protecting sensitive emails.
Encryption comes with no shortage of benefits, and understanding them can help you make the most of the opportunities that come your way. It can also help ensure you encrypt your data correctly. Listed below are some of the most notable.
Data privacy is an attribute of encryption you can’t overlook. Not only does this prevent hackers from reading sensitive info, but it also stops Internet service providers and ad networks. In some cases, encryption can prevent governments from intercepting information.
Whether information is in transit or at rest, encryption can substantially boost data security. This most notably comes into play when a corporate device is stolen or lost.
With the proper encryption in place, you won’t have to worry about unauthorized access. This also allows parties to communicate without data leaks occurring.
Depending on the industry you operate in, you’ll have to adhere to various compliance standards. Some spaces, such as finance, healthcare, and tech, are stricter than others.
A compliance breach can have disastrous consequences, such as expensive fines and fees. You could also damage your company’s reputation and make it less likely your audience will trust your organization.
This term refers to ensuring data hasn’t been viewed or modified before it reaches its intended recipient. For example, let’s assume you send data to a client. Without measures taken to maintain integrity, there’s a chance unauthorized users could access the information while it’s in transit.
The best way to defend against cyber threats is to educate yourself on what they are and how they function. From here, you can take the necessary steps to protect yourself. Let’s check them out below.
This is a type of malware that encrypts sensitive information and makes it impossible to view. The hacker then demands a ransom be paid in cryptocurrency. If the victim doesn’t comply, the hacker can leave the information encrypted or delete it permanently.
Social engineering is the foundation of phishing attacks. They aim to get users to willingly divulge important data. A hacker will often pose as a trusted source when doing so.
These attacks use hacking tools to try common username and password combinations to gain access to accounts. Email and social media accounts are some of the most popular targets. Brute-force tools allow hackers to bypass restrictions on password attempts, allowing them to potentially guess millions of times.
This is one of the most malicious threats out there. Trojan viruses masquerade as harmless software and exfiltrate data without the user’s knowledge.
A common scenario could be someone downloading a Trojan that’s packaged with legitimate software. After installing the application, the hacker uses the Trojan to go through the victim’s computer and look for sensitive information.
Anything on your device is at risk, and hackers often find data like social security numbers, dates of birth, and addresses. It often only takes seconds for a Trojan to wreak havoc.
The best way to get started with data encryption is by working with a professional. They have the tools and resources to help you achieve your goals.
Not all are created equal, however, and it’s essential to avoid the cheapest options you find. These are unlikely to meet your needs due to the corners they cut.
However, you don’t have to spend as much money as possible. There’s a point of diminishing returns regarding how much you budget.
Instead, look for a firm in the middle of the price range. They can help you reach your goals without stretching your budget. Examine their pricing structure, as well.
This will help you prevent financial surprises from arising. How’s their online reputation? A quick Google search can often tell you everything you need to know.
See what reviews say about their professionalism, timeliness, and overall results. You should also pay attention to how they respond to negative feedback. If they get defensive or aggressive, it’s best to continue your search elsewhere.
Keep an eye out for fake reviews, as they’re more prevalent than most people anticipate. These are often posted in batches and contain many of the same keywords.
They could be positive or negative, and it’s best to ignore them when making your assessment. With enough vigilance, you shouldn’t have issues finding the best choice for your situation.
Without the right data security management strategies in place, you create unnecessary risk for your organization. The information in this guide will help ensure you take the necessary steps to avoid issues you may have otherwise encountered.
Cybriant prides itself on being a leading provider of cybersecurity services that helps companies of all sizes handle cyber risk. We’ve served over 1,400 clients over the past seven years, and we empower organizations to strategically address threats. You’ll learn more about the many benefits we offer when you schedule a consultation today.
Shoot us a message to start a discussion about how our team can help you today.
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