In a business environment where data security has become a critical pillar, understanding and applying encryption correctly is more than a necessity – it’s a strategic advantage.
It’s worth realizing that this journey is essential, especially for CIOs and information security specialists, when it comes to secure data with encryption for companies.
This provides a clear vision of how technologies, especially when combined with Hardware Security Modules (HSMs), can transform data security from a challenge into a competitive differentiator.
With a focus on innovation, we will explore how encryption not only protects valuable data, but also strengthens the company’s position with regard to regulatory compliance and customer trust.
Secure Data with Encryption for Business: The Current Scenario
Globally, in 2023, the data breach scenario presents a complex dynamic. Despite a significant reduction in the number of data records exposed in the United States,
the number of data breaches and breached accounts remains alarming
with 31.5 million accounts affected globally by September 2023.
In Brazil, the situation is also worrying.
Data from Surf Shark
reveal that, from January to November 2021, more than 24 million Brazilians had their data exposed on the internet.
The average cost of a data breach in Brazil increased from R$157 to R$175, while the total cost exceeded R$3 million. This increase is attributed in part to the growth of remote work during the pandemic, incorrect use of misconfigured devices and the lack of a specialized IT and LGPD team in most companies.
IBM’s 2023 report
the average cost of data breaches in Brazil fell slightly to R$6.20 million, but spending on detecting and resolving breaches increased by 24%.
The health, services and technology sectors are the most affected in terms of costs related to data breaches in Brazil.
Impact of Data Breaches
The implementation of AI and automation has been shown to significantly reduce the costs and time needed to detect and contain data breaches in the country.
In addition, phishing has been the main form of entry for attacks in Brazil, closely followed by compromised credentials. Attacks originating from malicious insiders are notoriously the most costly,
reaching an average cost of R
million per incident
This data emphasizes the urgent need for robust and effective solutions that implement secure data with encryption for companies. This is where Hardware Security Modules solutions play a crucial role.
With the threat landscape constantly evolving, both globally and in Brazil, companies must be prepared to face and mitigate these risks with advanced technologies and well-planned security strategies.
The Importance of HSM to Keep Data Secure with Encryption
The Hardware Security Module is a fundamental part of the data security architecture, offering a level of protection that goes beyond what software encryption can achieve.
In short, HSMs are dedicated physical devices that manage and protect cryptographic keys, crucial for the security of sensitive data and transactions. They provide a highly secure environment, isolated from the operating systems and networks where the risks of breaches are greatest.
Practical benefits of using HSMs when it comes to keeping data secure with encryption
- Enhanced Security:
HSMs protect against unauthorized access attempts and manipulation of cryptographic keys. They are designed to be resistant to physical and logical attacks, ensuring that the keys remain secure even in the event of a system breach.
- Regulatory Compliance:
Many security standards and regulations require the use of HSMs to guarantee the integrity and confidentiality of cryptographic keys. Organizations that handle sensitive data, such as financial and health information, can meet regulatory compliance requirements through encryption more easily using HSMs.
- Performance and Efficiency:
HSMs are optimized to perform cryptographic operations quickly and efficiently, reducing the impact on system performance. So keeping data secure with encryption is no longer a major challenge for companies.
- Centralized management:
With HSMs, organizations can centralize key management, simplifying administration and reducing the margin for human error.
- Versatility and Scalability:
HSMs can be used in a variety of applications, from protecting data at rest to supporting digital signatures and authentication. They are easily scalable to keep up with the growth of the organization.
To maximize the benefits of HSMs, organizations must integrate them into their existing IT infrastructure and data security strategies.
This includes evaluating specific requirements, choosing the appropriate equipment and the right configuration to ensure that security operations are optimized, thus achieving greater efficiency in keeping data secure with encryption.
Thales HSM as a Crucial Resource for Securing Data with Encryption
Thales HSMs, specifically the Luna network hardware security modules, represent an essential tool for advanced data protection.
These devices offer high-assurance security, tamper resistance and networking, with market-leading performance.
Unique capabilities of Thales HSMs:
Advanced Cryptographic Key Protection:
Thales HSMs protect the entire lifecycle of cryptographic keys within the limits validated by FIPS 140-2, guaranteeing key security superior to other storage methods.
Thales’ Luna Network HSMs are faster than other HSMs available, ideal for use cases that demand high performance, such as SSL/TLS key protection and high-volume code signing.
Scalable Security for Virtual and Cloud Environments:
These devices can be divided into up to 100 cryptographically isolated partitions, acting as multiple independent HSMs, providing enormous scalability and flexibility.
Thales Crypto Command Center facilitates the management of multiple HSMs, offering on-demand provisioning and efficient monitoring of encryption resources.
De facto Standard for the Cloud:
Thales HSMs are widely deployed in public cloud environments, adjusting to different cryptographic performance requirements in on-premises, private, public, hybrid or multi-cloud environments.
Extensive Partner Ecosystem:
Thales has an extensive ecosystem of partners, including Eval is part of it, facilitating the integration of its HSMs with a wide range of standard applications.
Support for Emerging Technologies:
Thales HSMs are able to adapt to evolving threats and emerging technologies such as IoT and Blockchain.
These devices meet compliance and audit requirements in highly regulated sectors, ensuring adherence to standards such as the General Data Protection Act (GDPR), GDPR, eIDAS, FIPS 140, Common Criteria, HIPAA, PCI-DSS and others.
Thales HSM is an invaluable resource for companies looking to protect valuable data with encryption. Its advanced technology, superior performance, flexibility and regulatory compliance make it an ideal choice for organizations that need a reliable and effective data security solution.
Eval and Thales Partnership: Experience and Knowledge at the Forefront of Data Protection
The partnership between Eval and Thales represents a powerful combination of expertise and cutting-edge technology in the field of data security.
With Eval’s expertise and Thales’ advanced solutions, companies have access to a complete package for implementing robust data protection strategies.
In practice, the partnership between Eval and Thales results in several benefits for the companies:
Eval brings a successful track record in secure data implementations with Cryptography, complementing Thales’ advanced technological solutions.
This partnership makes it possible to create customized security solutions that meet the specific needs of each company, guaranteeing the best possible protection.
Specialized Support and Training:
The combination of Eval’s technical expertise and Thales’ technology offers comprehensive support, including training and guidance for internal teams, ensuring efficient implementation and management.
Access to cutting-edge technology:
Thales, as a leader in HSM solutions, ensures that companies benefit from the latest innovations in data security.
In terms of results, the partnership between Eval and Thales is a significant differentiator for companies seeking not just a data security solution, but an integrated and efficient strategy that combines the best technology with specialized knowledge.
Get in touch and find out more
Interested in deepening your understanding of how encryption and Thales HSMs can transform your data security?
The Eval-Thales partnership is ready to offer customized solutions that perfectly align with your needs.
To find out more about our services and how we can help strengthen your company’s data security, contact us today.
Together, we can create a robust strategy that not only protects your data, but also raises your organization’s confidence and compliance.
With a track record of leadership and innovation dating back to 2004, Eval not only keeps up with technological trends, but we are also in an incessant quest to bring news by offering solutions and services that make a difference to people’s lives.
With market recognized value, Eval’s solutions and services meet the highest regulatory standards for 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.
Written by Arnaldo Miranda, Evaldo. Ai, reviewed by Marcelo Tiziano and designed by Caio.