Importance of Data Encryptions for Organizations
With the world creating huge amount of data every moment, the importance of safeguarding data has never been greater than now. As per IDC, around 175 zettabytes of data are expected to be generated by 2025. And organizations understand how important securing this huge amount of data is to ensure trust among stakeholders, maintain brand reputation, as well as minimize huge financial losses.
Data encryption is one important technique that scrambles the readable information into unreadable code and protects it from unauthorized access.
USCSI® presents a detailed guide on Data Encryption techniques highlighting its basic concepts, types of data encryption, its benefits, and more.
The Global Encryption Software Market is expected to reach $29.7 billion by 2028 growing at a CAGR of 15.4%. So, we can imagine how widely industries are adopting this encryption technology for network security and to protect it from unauthorized access during transmission and even at rest.
Encryption transforms data into ciphertext using complex algorithms and decryption key is needed to unlock this code. To give an overview, there are two main types of encryptions: Symmetric (uses single key for encryption and decryption) and Asymmetric (uses separate public and private key).
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