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Secure Data Storage, the Risk of Lack of Encryption

Information security is a growing concern for companies of all sizes and sectors. Secure data storage is not an option, but a necessity. This article highlights the imminent risk of not investing in encryption to protect your stored data.

Data storage security is a constant concern, especially when it comes to corporate information.

The cybersecurity sector is responsible for deciding on the procedures needed to protect your company’s data.

In addition, together with the IT department, security personnel have the difficult task of choosing the best method of storing corporate data.

This task becomes especially complicated due to the vulnerabilities that each method presents, as well as the efforts required to adapt all internal processes.

Data Storage is Impacted by Information Theft and Leakage

Unencrypted data is like an open safe, accessible to anyone who knows where to look. Sensitive information such as financial data, customer information and intellectual property is at risk.

According to the Breach Level Index website, more than 7 billion pieces of data have been stolen or lost around the world since 2013. The number is frightening and growing at a considerable rate. If we take a daily average into account, that figure is over 4 million.

In other words, more than 3,000 pieces of data are stolen or lost every minute. According to the website, the technology industry is the most affected, accounting for 35.19% of all this information.

Which explains the sector’s concern about safety.

O Custo de um Vazamento de Dados

A single data leak can result in significant financial losses, reputational damage and possible legal action. The average global cost of a data leak is millions of dollars, not to mention the intangible impact on customer trust.

Encryption acts as a steel barrier, making it almost impossible for attackers to decipher the stored data. It turns readable information into an indecipherable code without the right encryption key.

Companies that adopt secure data storage practices through encryption are more in line with data protection regulations such as GDPR and LGPD. This not only minimizes the risk of penalties, but also serves as a competitive edge.

In addition, some protection strategies can be defined. The most common is the protection of personal or business-sensitive data, such as credit card numbers.

When it comes to protecting the storage of sensitive data, current techniques have little effect on application performance and are almost imperceptible to the user.

Implementando a Criptografia na Perspectiva do Armazenamento Seguro de Dados

Before diving into implementation, it’s crucial to understand your company’s specific needs.

This includes the type of data you store, the volume of data and the regulatory requirements you must meet. A thorough evaluation will allow you to choose the most suitable encryption solution.

Tipos de Criptografia e Quando Usá-los
  • Criptografia Simétrica: Mais rápida e eficiente, mas a mesma chave é usada para criptografar e descriptografar. Ideal para grandes volumes de dados.
  • Criptografia Assimétrica: Usa chaves diferentes para criptografia e descriptografia, oferecendo uma camada extra de segurança. Mais adequada para transações e comunicações seguras.
  • Criptografia em Repouso: Protege dados armazenados em discos, servidores ou nuvens.
  • Criptografia em Trânsito: Protege dados enquanto estão sendo transferidos entre sistemas ou durante transações online.

Another question that often comes up when we talk about data storage and encryption is where the key will be stored.

For this, the use of HSM is of great importance, especially with the growing use of server virtualization and cloud storage, among other issues.

Encryption is an Investment in the Future of Your Business

Secure data storage is not an option, but an imperative.

The successful implementation of encryption is an ongoing process that requires careful planning, execution and maintenance.

Investing in a robust encryption strategy not only protects your most valuable assets, but also strengthens customer trust and loyalty.

About Eval

EVAL has been developing projects in the financial, health, education and industry segments for over 18 years. Since 2004, we have offered Authentication, Electronic and Digital Signature and Data Protection solutions. Currently, we are present in the main Brazilian banks, health institutions, schools and universities, and different industries.

With value recognized by the market, EVAL’s solutions and services meet the highest regulatory standards of public and private organizations, such as SBIS, ITI, PCI DSS, and LGPD. In practice, we promote information security and compliance, increase companies’ operational efficiency, and reduce costs.

Innovate now, lead always: get to know Eval’s solutions and services and take your company to the next level.

Eval, safety is value.

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