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Enterprise Security Magazine | Tuesday, October 27, 2020
No matter the enterprise's size, safeguarding data is no longer optional, and encryption can save businesses from a lot of security threats.
FREMONT, CA: Modern enterprises store and manage a majority of their confidential information in a cloud with an uninterrupted connection to the web. This makes it possible to fall the company's data from the wrong hands. As a solution to this, enterprises of all sizes and across industries are implementing data encryption technology to protect personal information, trade secrets, employee files, tax information, and many more. Cryptographic keys, in combination with encryption algorithms, are what make the encryption process possible. Based on the way the keys are applied, encryption methods are divided into few types. Read on to know more.
• Symmetric Encryption
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The symmetric encryption method uses a single cryptographic key to encrypt and decrypt information. The use of a single key for both functions makes it a straightforward process, and hence it's called symmetric. The major outstanding feature of symmetric encryption is the simplicity of its process. Symmetric encryption algorithms are faster than their asymmetric encryption counterparts, require less computational power, and do not dampen internet speed.
• Asymmetric Encryption
Asymmetric encryption involves multiple keys for encryption and decryption of the data. Asymmetric encryption encompasses two different encryption keys that are mathematically connected. One of these keys is the public key, and the other is the private key. Hence, the asymmetric encryption method is also known as public-key cryptography. The benefit of this type of encryption is the security it offers. In this method, the public key is used to encrypt the data, while the decryption of the data is done using the private key, which requires to be stored securely.
• Hybrid Encryption
Hybrid encryption is taking the best from both symmetric and asymmetric methods and creating a synergy to develop robust encryption systems. In many business applications, like website security, there is a need to encrypt the data at high speed. The verification of identity is also required to ensure that the users are communicating to the intended entity. That is how the idea of hybrid encryption came into existence.
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