Particularly with the increasing cyber threats and requirements from data protection and data privacy regulations, more and more companies are using encryption software to protect their data and reduce risks and liability in the event the data is lost or stolen. Encryption can be applied to files, folders, disks, other storage products including cloud storage, and for secure communications such as transferring data over networks.Įncryption has historically been used for protecting military communications, however, with the rise of the internet and online storage, many companies use encryption to protect corporate assets, as well.
Most commonly, companies use encryption software to protect sensitive data such as their customers’ personally identifiable information (PII), proprietary company data such as trade secrets, and communications such as company emails or business instant messaging.
Companies use encryption software to protect the confidentiality of their data, ensure that only intended parties can access the data, and reduce their liability if the data is inadvertently exposed or hacked.Īt a basic level, encryption software protects data by converting normal data into scrambled, unintelligible data that is rendered unusable to others.
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