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Why Your Chosen IT Provider Should Offer Encryption Services
Encryption is an important component of the security services offered by many IT providers. The risk of data breach becomes significantly higher if there's no encryption to protect sensitive data from unauthorized access.
Cost of Data Breach
There's a big price to pay for a data breach. The amount varies depending on the country and industry where the data breach happened, but in general, the average cost is $3.92 million according to the 2019 Cost of Data Breach Report released by IBM.
The huge amounts relate to the expenses that a data breach incurs, such as remediation costs, regulatory fines, legal fees, and settlement payments. Add lower sales as a direct result of the breach to the mix, so it hits doubly hard. But it doesn't stop there. Organizations have to spend money on improving their security methods and getting back public trust for the next several years. After such a financial loss, small and medium-sized enterprises (SMEs) are likely to fold. Bigger companies may be more successful in weathering this challenge, but they'll still suffer a lot for a long time.
Importance of Encryption
Thus, the best approach to data breaches is proactive, not reactive. Fortunately, there are several ways to improve security to minimize the risks of the occurrence of data breaches. Encryption is one of those ways.
Keep reading: Avoid a Data Breach with IT Support in Pasadena
How does Encryption Work
Understanding on how does encryption protect data: Encryption protects data whether it's in transit or at rest. Data in transit is data actively traveling across a network, e.g., a private one like an internal organizational network, or a public one like the internet. Data in transit is considered less secure, so it should be encrypted to avoid being intercepted by hackers.
Data at rest is data stored in a repository like a hard drive or flash drive, so it isn't actively traveling. It's also not as vulnerable as data in transit. Nevertheless, depending on the information contained, hackers may find data at rest more valuable and end up targeting it.
A good provider of IT consulting in Los Angeles uses enterprise-grade cryptography for encryption. Data in storage should have at least AES-246 encryption and RSA-2048, in which AES and RSA are two encryption algorithms widely used today.
On the other hand, data in transit should be encrypted prior to movement and should travel only in encrypted connections like HTTPS via TLS.
To learn more about encryption, turn to a trusted provider of IT consulting in Los Angeles like us at DCG Technical Solutions. Contact us today for additional information on our offerings for Los Angeles businesses, including IT support solutions and more.