How Increasing Incidence of Data Breaches are leading to the mounting need for Data Encryption Services?
Data Encryption helps secure data and maintain its confidentiality. It involves converting plain text into encoded information, known as ciphertext. This encoded information can only be accessed and read by the authorized individual. Data Encryption can be used while storing or transmitting the data. Besides the clear benefits of data encryption, it also helps ensure data integrity, protects data from undocumented modification, and reduces the risk of accessing data from unauthorized sources. The proliferation of the internet & mobile device usage, coupled with the rising value of the data, is making it more vulnerable to malicious attacks, thereby driving the data encryption industry. In addition to this, the rising need for businesses to meet data protection regulations requirements, including using encryption, is another crucial aspect infusing the demand for data encryption services worldwide. Based on these aspects, a recent research study has indicated that the Global D...