Forums Community How to choose the right encryption for your sensitive data?

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    Srinivas

    Why Encryption is Essential for Your Data?

    When it comes to cyber security, encryption is one of the most critical components of a strong data protection strategy; yet many businesses and individuals tend to overlook the significance that a robust encryption method renders. With data breaches on the rise, safeguarding your sensitive data should not only be a priority, but a systematic practice that ensures that data is protected on every step of the way.

    According to IBM’s ‘Cost of a data breach 2022’ report, an average data breach costs organizations a whopping $4.35M with 83% of studied organizations experiencing more than one data breach in their lifetime. Prioritizing encryption for your data can not only benefit you in the long run, but it can also instill a sense of security and confidence.

    What Exactly is Encryption?

    Encryption is the process of converting readable information (plain text) into an unreadable format (ciphertext), ensuring it remains secure during transmission or storage. This is achieved through complex algorithms that scramble the data, making it impossible to interpret without the correct decryption key.

    AxCrypt employs the AES-256 encryption algorithm, a trusted method used by governments and organizations worldwide. With AxCrypt, your files remain secure, whether they’re stored on your device or shared with others, preventing unauthorized access at every level.

     

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