Encryption is the procedure of transforming plain text to code text using an encryption algorithm, which may be symmetric or asymmetric. The data encrypted can be decrypted only with an encryption key. Encryption is used to protect the data at rest, in transit, or in process, in on-premises and cloud environments. Confidentiality, integrity, and non-repudiation of data can be achieved by encryption supported with efficient key management. Symmetric key algorithm makes use of only one key for encryption, whereas the asymmetric key algorithm makes use of a pair of keys comprising public and private keys. With the help of the best encryption software, enterprises can efficiently protect the data stored in storage devices, networks, applications, databases, and cloud environment from advanced cyberattacks and threats.

Top 10 Encryption Software

1. Symantec Endpoint Encryption
2. Dell Data Protection
3. IBM Security Guardium Data Encryption, IBM Security Key Lifecycle Manager
4. Mcafee Inc
5. Endpoint Encryption
6. Sophos Safeguard Encryption
7. PkWare 
8. Microsoft Corporation
9. Netskope 
10. Skyhigh Networks

Market Overview

The global encryption software market size is likely to reach USD 20.1 billion by 2025 from USD 9.8 billion in 2020 to, at a CAGR of 15.5%. Extensive digital transformation has augmented the demand for data security and confidentiality in organizations. Best encryption software provides a broad way to mitigate the risks of accidental and deliberate data breaches. Encryption is a process through which data is encoded so that it is unreachable to unsanctioned users. It helps protect sensitive information and improves the security of communication between 2 parties.

What are the major drivers of the Encryption Software market?

Severe regulatory standards and data confidentiality compliance

Increasing the implementation of enterprise mobility and IoT across industry verticals has led to a surge in demand for best encryption software. Employees are permitted to use numerous mobile devices for sharing intimate information encouraging flexibility in work and thereby making data vulnerable to lose. Governments and regulatory authorities across the world have levied a certain set of rules and compliance necessities that prompt organizations to adopt strict cybersecurity solutions for protecting enterprise data, , network, endpoint, application, and cloud environment. Being aware of different laws and regulations helps organizations to decide which type of solution needs to be adopted for protecting critical enterprise data. Regulations and compliance aid in data privacy, cyber system security, risk assessment, and efficient business contingency planning. Some of the major regulations that aid cyber protection are PCI-DSS, HIPAA, Federal Information Security Management Act (FISMA), and Gramm–Leach–Bliley Act (GLBA). Due to the increasing instances of enterprise security breaches, organizations should encrypt data in transit, data in the process, and data at rest in the on-premises and cloud environment. After encryption, DLP can safeguard encrypted data from both external and internal threats. Due to the enforcement of cybersecurity regulations, the adoption of encryption solutions and services is expected to increase.

Growing problems about critical data damage

Organizations are increasingly adopting diverse technological developments such as enterprise mobility, virtualization, and cloud storage to boost business productivity. These progressions have helped organizations function efficiently and in real-time since the business data can be easily accessed on mobile devices from the cloud and virtual storage. However, this access to critical business information on mobile devices augments the data loss and theft risk. Additionally, the rise in the number of mobile device thefts has further increased the data loss concerns along with increased susceptibility of unauthorized access to the organizational information. Furthermore, organizations use numerous physical storage devices such as USBs and DVDs, alongside emails, to transmit information. This adds to the data theft concerns as the information that travels in an unprotected manner may lead to its unauthorized access and misuse. Such issues have led to the increasing adoption of the best encryption software among companies.

Significant rise in cloud adoption and virtualization technologies

Organizations that store corporate data in on-premises systems and servers depend on network security and endpoint security solutions for data security. The administration of huge data volumes is expected to incur a lot of costs. Businesses can upsurge their availability, scalability, and operational effectiveness by adopting cloud or virtualization. Obedience to compliance guidelines, decrease in business difficulties, augmented efficiency, and improved employee productivity are guaranteed by cloud deployments. The service models provided by Cloud Service Providers (CSPs) comprise Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS). SaaS is more extensively used as compared with IaaS and PaaS. By accepting virtualization, businesses can gain access to virtual servers, virtual storage, and virtual networks. The propagation of cloud solutions and virtualization and more cases of cyberattacks have augmented the need for encrypting cloud solutions with asymmetric algorithms.

The major cloud concerns include data breaches, hijacking of accounts, insider threats, malware injections, Distributed Denial of Service (DDoS) attacks, and insecure Application Programming Interfaces (APIs). Cloud encryption ensures the data stored in the cloud remains untampered.

What are the opportunities in the Encryption Software market?

Growing demand for integrated data protection solutions

The progress made by SMEs in the developed and developing nations directly affects their economy. SMEs in diverse industry verticals do not have severe security procedures for protecting their data, networks, endpoints, and applications.

The call for cloud-based solutions is growing quickly across businesses as the leading delivery model to meet IT security requirements. Cloud deployment offers flexibility, scalability, and cost-effectiveness to modernize business operations. With SMEs shifting their emphasis to cloud solutions, cloud encryption software and service providers are anticipated to witness growing opportunities for protecting the data of SMEs from security breaches and vulnerabilities.

IaaS, PaaS, and SaaS models offered by the CSPs are subject to severe cyber-threats and attacks, data breaks, uniqueness and access scams, application weaknesses, malware, viruses, and APTs. CSPs may not be proficient of protecting the data and hence, need support from Cloud Access Security Brokers (CASB), who proficiently encode cloud data and offer customers with the private key for data decryption.

Growing adoption of the best encryption software across verticals

Organizations operating across the BFSI and healthcare industry verticals are always in need of best-in-class encryption software, which will safeguard critical data at rest, in transit, and process. The BFSI industry is witnessing an upward trend in the adoption of best-in-class encryption software, as the sector is subjected to outsider threats such as malware, ransomware, virus, DDoS attacks, and APTs. Insider threat is also one of the major concerns for the BFSI sector. Unencrypted data, smart technology with minimal security, third-party services, and BYOD are also likely to affect the BFSI industry.

Although stealing financial data has always been the primary target of cyber attackers, medical data is also becoming one of the major targets, of late. Healthcare organizations face several challenges, such as maintaining the privacy of electronic health records and meeting various compliances set by HIPAA. Moreover, due to highly proliferated digital medical devices, it becomes essential to protect these devices from malicious attacks. Social Security Numbers, insurance IDs, addresses, credit card information, and medical details are at risk of being stolen through cyberattacks.

With advancements in the attacking tools used by cyber attackers, organizations need to adopt stringent cybersecurity solutions for the protection of their data, networks, applications, endpoints, and the cloud environment. Data protection with the help of encryption, DLP, and tokenization solutions and services help enterprises to safeguard their critical customer and enterprise data from advanced cyber threats. Rising instances of cyberattacks in recent years have forced organizations across BFSI and healthcare verticals to adopt both on-premises and cloud-based encryption systems supported by DLP, tokenization, and efficient key management. Using encryption solution, these organizations are able to safeguard their structured and unstructured data in their original format.

The MicroQuadrant matrix provides information about the major players who offer Encryption Software. It outlines the findings and analysis of how well each market vendor performs within the predefined MicroQuadrant criteria. The vendor evaluations in the best encryption software are based on 2 broad categories: Product Maturity and Company Maturity. Each category carries various criteria based on which the vendors have been evaluated.

The evaluation criteria considered under Product Maturity include the breadth and depth of product offering (on the basis of the industries that the vendors cater to, and solution and service offerings), product feature and functionality, product branding, product differentiation and technology support, and product quality, reliability, and support.

The evaluation criteria considered under Company Maturity include the effectiveness of growth strategy (on the basis of customers and revenue generation), channel strategy and fit (on the basis of the channel partners that the vendors cater to), geographic footprint (on the basis of geographic presence), breadth of application served and coverage, merger and acquisition strategy, and effectiveness of organic growth strategy.

The vendors in the best encryption software have been placed into 4 categories based on their performance in each criterion: Visionary leaders, Innovators, Emerging, and Dynamic.

The Best Encryption Software vendors categorized as visionary leaders are Symantec Corporation, Dell Inc., IBM Corporation, Mcafee Inc, Trend Micro Incorporated, Sophos Ltd, and Pkware.

Microsoft Corporation has been identified as the dynamic differentiator.

Innovators in the Best Encryption Software quadrant include Netskope, Skyhigh Networks, CipherCloud, and ESET.

Emerging companies in the Best Encryption Software space include Certes Networks Inc, Protegrity USA Inc., Secomba Gmbh, Cybersafe Software LP, and Communication Security Group, 

What are the important features of an Encryption Software?

Best encryption software provides the ability to pick and select which sets of information administrators are deemed to be too risk valuable. The tools either assimilate with or work in sync with whatsoever application is used to store or move information. The tools transform the information into code text which can only be decrypted by the original owner. Some of the features are-

1. Public Key Cryptography
2. Rate Password Strength
3. Two-Factor Authentication
4. Create Encrypted Storage
5. Encrypt Files/Folders
6. Encrypt Text
7. Create Self-Decrypting EXE
8. Secure Deletion of Originals
9. Whole-Disk Encryption
10. VPN’s

Who Uses Encryption Software?

Security professionals

Security professionals choose an encryption solution to secure websites, application security, and network security. Best Encryption Software offers improved security levels to any IT infrastructure solution virtually. With this added security, it becomes tough for hackers to infiltrate networks or gain access to critical data. Encoded data is also more challenging and less useful to hackers since they can’t view data without decrypting it.

Data professionals

Everyone from bigger organizations to individuals is prone to data theft and cybercrime. Best Encryption Software protects and encodes data, allowing only approved parties’ access to sensitive information about a business, its employees, and its customers. Best Encryption software permits database managers to create access standards and run security tests to test current security. Several databases can store encoded data in backup software in the case of a disaster for easy, protected retrieval. 

Every day individuals

Businesses with better security measures will frequently require encoded messaging, gateways, networks, and endpoints. Usually, users trust that they’re only logging onto a business network when they are actually accessing a protected and encoded virtual environment. To use business applications, SSO or cloud security gateways may be used. Best Encryption Software is used in everyday business tools like backup software, operating systems, and managed services.

What are the major applications of Encryption Software?

In the era of cutting-edge competition, enterprises across the globe are aggressively expanding their businesses, leading to a surge in the number of endpoint nodes, data centers, and cloud storage. This, in turn, is increasing the risks of contamination of the data stored. A large amount of data transferred from the sender to the recipient through the network has to be carefully monitored to safeguard it from active and passive attackers. Encryption standards and protocols need to be sharp to counter the new-generation threats, such as Advanced Persistent Threats (APTs), malware, and ransomware.

Data breaches can lead to critical information loss and ultimately cause losses running into millions of dollars. Thus, confidentiality, integrity, and availability of data always remain a subject of concern. The DES available in the 1990s using the 64-bit key for encryption was susceptible to breakdown through brute force. Organizations require highly protective encryption standards and algorithms for safeguarding data from threats. With the rise in IoT and BYOD trend in the IT infrastructure, the best encryption software is safeguarding every node available on-premises or remotely available and protecting every packet of data present on-premises or available in the cloud.

Disk Encryption

Disk encryption, also referred to as hard drive encryption, full disk encryption, and whole disk encryption, is the encryption of the whole disk. Whole disk encryption protects the entire disk, along with swap files, system files, and hibernation files. The significance of encoding a disk is that even if the encrypted disk is lost or stolen, its encoded state still remains unaffected, and only an authorized user can access its contents. Presently, huge amounts of data are being created and stored across organizations. This has increased the cost of protecting critical data against thefts and breaches. Encryption is a safeguarding mechanism to ensure that the data is ciphered securely so that it remains confidential and available only for authorized users.

With the increase in the BYOD trend, employees have the freedom to carry their own devices, and the exchange of critical data is made possible on their devices. The adoption of strong encryption can protect confidential data even if their device is lost or stolen. Advanced Encryption Standard (AES) and FIPS 140-2 are some of the commercially available cryptographic algorithms that are deployed both on-premises and in the cloud to secure data.

File or Folder Encryption

Best encryption software protects data by encrypting files and folders on desktops, laptops, smartphones, tablets, removable media, Direct-Attached Storage (DAS), Storage Area Network (SAN), and NAS servers, using Common Internet File System (CIFS) or Network File System (NFS) file sharing protocols. Data is protected from loss, theft, and other types of attacks, such as malware and ransomware. Best encryption software offers an additional layer of security on top of full disk encryption because once encrypted, files and folders retain their encrypted status, regardless of the data movement. Currently, file/folder encryption is FIPS 140-2 and Common Criteria EAL2+ certified. File/folder encryption has centralized management facilities, which comprises central management of the encryption keys, provision contribution to authorized users, and guarantees business security policies and regulatory compliances. Compliance requirements, such as PCI-DSS, HIPAA, GLBA, and Federal Financial Institutions Examination Council (FFIEC), mandate the use of file/folder encryption on endpoints carrying sensitive payment card, healthcare, or financial data.

Database Encryption

Valuable information consisting of the customer’s personal data, business information, and intellectual property is stored in the form of database and is warehoused in data centers or virtual storage. Furthermore, companies store these databases in heterogeneous environments, ranging from business networks to diverse types of clouds. However, this vast and sensitive information is vulnerable to loss and breaches due to the rising number of cyberattacks and commercial espionage. Data breaches and thefts cause losses running into millions of dollars to enterprises, as stolen data damages an organization’s brand image and affects its market position. This is forcing organizations to adopt a robust database encryption solution that offers multilevel encryption, regardless of the heterogeneous environment. Advanced database encryption is helping organizations in effectively protecting and managing encrypted keys. This database encryption solution needs to be minimally compliant with various standards that are prevalent among different industries, such as HIPAA for healthcare. Furthermore, these solutions can be deployed both on-premises and in the cloud. There are 2 main approaches for database encryption, namely, performing encryption and decryption inside the database and performing encryption and decryption outside the database. In other words, encryption is either applied to the entire database or it is applied at the application layer.

Communication Encryption

The usage of mobile communication, cloud communication, and on-premises device communication has increased the instances of data breaches and unauthorized access in enterprises. This has encouraged enterprises to adapt communication encryption solution to prevent the loss of sensitive information being communicated. Communication encryption facilitates the enccoding of data-in-motion over networks, such as emails, calls, and messages. The market size of the communication encryption solution is defined by considering the features, such as remote centralized policy enforcement and management, email encryption, contact encryption, and call encryption for secured communications.

Cloud Encryption

Best encryption software safeguards data stored on the cloud by converting it into ciphertext and efficiently protects it from unauthorized personnel. The reverse process of decryption reconverts the ciphertext to plain text. Data encryption algorithms, such as AES, are used to protect data going out of the enterprise network and data coming into the enterprise network. Businesses all over the world have been accepting cloud at a faster pace and are firmly embracing varied cloud environments, right from private and hybrid to the public for the storage of their huge data.

Furthermore, there are numerous advantages associated with the adoption of the cloud, such as improved flexibility and scalability, faster deployments, and enhanced mobility, which encourage cloud adoption. However, the risks associated with content protection and data compliance remain the key impediment to higher cloud embracement across businesses. Moreover, computer hackers, and a higher intensity and volume of cyberattacks have further increased data security concerns for organizations that have adopted cloud for data storage. Thus, cyberattacks encourage the adoption of cloud encryption solution to safeguard sensitive information from being breached and stolen. Compliances, such as HIPAA and PCI-DSS, regulate data encryption and provide essential cloud-data security for enterprises by using IaaS, SaaS, and PaaS.

How can an Encryption Software be deployed?

The widespread use of mobile devices due to their availability has enhanced the lifestyle of users across the world. This has helped enterprises improve their businesses and has redefined the working structure so that quick decisions can be taken. With the increasing use of mobile devices, there has been a significant rise in threats, such as data hacking and data theft, thus making the usage of the best encryption software mandatory. To reduce the risk, enterprises and SMEs consider encryption solution as the best way to protect their business documents from data loss and data theft. Moreover, enterprises and SMEs use and install the best Encryption solutions and services through the cloud and on-premises. In general, large enterprises adopt on-premises solutions, as they have adequate capital to expand their IT resources. However, cloud adoption is expected to grow substantially over the next 5 years, as it offers scalability and flexibility in deploying solutions at cost-efficient pricing. Based on the deployment mode, the best encryption software market is segmented into on-premises and cloud.

On-premises

On-premises solutions provide organizations with full control over all platforms, applications, systems, and data, which can be handled and managed by their own IT staff. On-premises deployment is the traditional approach toward implementing the best encryption software across enterprises. An organization, where user credentials are critical for business operations, would prefer on-premises deployment mode, as the organization itself controls the systems. The government, defense, and BFSI verticals choose on-premises security as it is extremely important for them not to lose their important data, financial records, accounting information, and money transfers.

Cloud

Cloud is the fastest-growing deployment mode in the best encryption software market, especially among SMEs, as it is cost-effective. Cloud deployment helps SMEs avoid costs related to hardware, software, storage, and technical staff. The cloud-based platform provide a united way in the form of SaaS-based security services to protect business applications, which are helpful for administrations with severe budgets for security investments. The cloud deployment mode is the most preferred method for mobile device encryption and offers increased scalability, speed, 24/7 services, and improved IT security. Furthermore, the cloud deployment mode is preferred as it is easy to maintain and upgrade.

What are the professional services offered by the Encryption Software service providers?

Professional services are generally offered with the help of professionals, specialists, or experts, to support the business. These include consulting services, training and education services, and support and maintenance services. The latest techniques, strategies, and skills adopted by professionals are helping organizations in adopting the best encryption software features. They also offer customized implementation and risk assessment, and assist in deployment of encryption software via industry-defined best practices. The professionals take care of solutions and completely support business goals with better communication services. As far as implementation services are concerned, vendors cover all phases of the solution implementation, right from planning, deployment, support, and ongoing optimization.

Support and Maintenance

Best encryption software offers support and maintenance services cover all aspects of support, from routine activities to streamlined fault handling and progressive product upgrade procedures, product development, and systems integration. These services range from pre-sales to post-sales support offered by encryption solution vendors. These services also include timely updates of software and applications. Support and maintenance service vendors provide support for the deployment of the best encryption software, security of customer data, and retraining of end users on custom applications specific to an organization. These services focus on seamlessly maintaining and transforming business-critical applications so that encryption solution companies can meet the ever-changing demands of the market. Support and maintenance services include 24/7 troubleshooting assistance; up-gradation of existing software solutions; problem-solving; modifications and enhancement; test scenario management; and rapid onsite reaction.

Training and education

Best encryption software offers these services which include comprehensive software training provided to individuals and enterprises to ensure that they can operate, administer, and maintain the vendor’s products. The training is tailored to address the needs of specific user groups, including developers, application administrators, and end-users. The full range of training programs includes staff training, product training, solution training, and train-the-trainer training. In the best encryption software market, vendors offer both onsite and remote training services. Onsite training services are ideal for enterprises looking to train several employees integrated with their systems in encryption solution offerings. On the other hand, remote online training services offered by vendors enable individuals to facilitate the exchange of ideas and questions with others and training experts.

Consulting Services

Consulting service offers a full set of services based on the service provider’s product portfolio, as well as third-party products. They cover all the stages, such as expectation analysis, solution architecture definition and design, C-level business case development, RoI, Total Cost of Ownership (TCO) evaluations, and post-production solution support. These services help in managing business transformation programs and deliver robust models to help clients achieve strategic objectives through technical and business improvements. These services ultimately ensure the increased realization of benefits and proactive risk management and better alignment of program objectives and business goals in large-scale transformation programs. Thus, consulting services offer various advantages, such as assistance in decision-making, improved business processes, simplified management, cost-effective operations, and increased productivity.

Which industries make use of Encryption Software?

Encryption solutions and services are deployed in various industry verticals, including BFSI, aerospace and defense, healthcare, government, and public utilities, telecom and IT, retail, and others (manufacturing, education, and media and entertainment). Regulatory compliance is creating the need for the best encryption software in the verticals. In addition to ensuring compliance with government and industry regulations, businesses are applying their own security guidelines and techniques to protect their working environment. Furthermore, the embracement of cloud technology and extensive use of mobile devices in enterprises have made organizational data more vulnerable to cyberattacks. The rising cyberattacks are s encouraging enterprises to adopt the best encryption software for securing their data.

Banking, Financial Services, and Insurance

BFSI is an industry term for commercial banks, insurance institutes, and non-banking financial organizations, which provide financial products and services. The service providers are expanding their offerings to maintain a competitive edge, save costs, and improve customer experience with value-added services. The adoption of the best encryption software is gaining traction in the BFSI industry vertical across the world. Furthermore, the development of mobile and other online facilities with connectivity issues has pressurized companies to offer advanced data security services to customers. The increasing use of mobile technology has increased the adoption of the best encryption software and services among financial organizations.

Best encryption software are used in the BFSI vertical to control and secure sensitive customer data, and protect it from internal and external thefts. Additionally, to capitalize on business opportunities, banking organizations are forced to make the use of unsecured external networks. The pressure of regulatory standards, such as AES and PCI-DSS, has led the companies in the BFSI vertical to deliver security solutions with an encryption solutions. Furthermore, regulatory requirements, such as GLBA and PCI-DSS, have led BFSI companies to deliver security solutions with encryption solutions. The encryption technology thus helps banking and financial companies in ensuring financial security, online fund transfer security, and data security by encrypting files, data, and emails.

Aerospace and Defence

The aerospace and defense vertical uses highly confidential information for making strategies that need to be kept secured. With the transformation in working culture, the vertical is compelled to adopt mobile technology to reduce operating costs. It has to work upon critical information, intelligence reports, and other confidential data. This highly confidential information is used by its employees in various locations and transferred through mobile devices to them, making it necessary to secure it against thefts and unauthorized accesses. Additionally, business-sensitive information across public, private, and hybrid clouds becomes a prime target for cybercriminals. Best encryption software protects confidential information from cyberattacks and data losses. The aerospace and defense vertical is progressively adopting encryption technologies to ensure security at the time of data transfer and reduce data losses.

Government and Public Utilities

The government vertical consists of 4 institutional units, namely, central government, state government, local government, and social security funds. Public utilities are businesses that fulfill citizens’ daily needs. With the rising use of mobility, the public sector across the globe has started using mobile devices to enhance workers’ productivity and improve the working of public sector departments. The government and public utilities vertical deals with highly sensitive and confidential information about the country and its people. The sensitive information is readily available and used by the public with the help of advanced technologies, such as mobile, social media, and cloud.

Moreover, the increased use of technologies has led to a rise in cyberattacks, thefts, and unauthorized accesses. The best Encryption software helps in improving the security of data and critical information and reduces the risk of unidentified accesses. The government and public utilities vertical is increasingly adopting encryption solutions, as they are cost-effective. The wide range of available encryption solution reduces the risk of cyberattacks and secure confidential data to make it safe to use from anywhere. In the near future, the demand for encryption solution is expected to rise, due to the low cost and easy availability of encryption solutions.

IT and Telecommunication

The telecommunication vertical is a key target for hackers, due to the vast amount of personal data being managed on cell phones, satellites, and the Internet. IT deals with the use of computers and networking devices to produce, process, preserve and protect various forms of electronic data. Together, telecom and IT is considered a subset of ICT. In today’s rapidly changing technology landscape, IT and telecommunication is a constantly developing vertical and epicenter for innovation and growth. The development of innovative technologies, such as mobile, cloud, and social media, is driving the growth of the telecom and IT industry vertical. However, the transformation has created security issues and regulatory compliances that are affecting the working of the companies in the vertical. Communication service providers have thus adopted encryption technologies to provide services to their customers, without any hindrances.

Moreover, the increasing use of mobile has enabled users to access their emails and other files through their personal devices from anywhere. It has also increased the threat of cyberattacks. The companies in the vertical are adopting the best encryption software to provide their customers with risk-free services. Moreover, they are delivering encrypted services to their customers with the use of mobile and cloud technologies. The use of encryption solution has enabled users to save their important information on their mobile devices and use it through cloud, without any risk. The best encryption software helps telecommunication companies in enhancing their services and providing secure information to customers, while they also assist in complying with regulations, such as AES, PCI DSS, and GDPR.

Healthcare

The healthcare vertical covers personal health information and critical patient data. Data security is therefore important for healthcare organizations. Healthcare organizations use encryption technology to prevent the theft of patients’ medical records. The best Encryption software help healthcare professionals in securing personal health information on their mobile devices, such as laptops and smartphones. Furthermore, data, file, and folder encryption help healthcare professionals ensure the security and privacy of confidential data, financial transactions, and medical records related to patients. Moreover, the use of encryption technology helps in improving the proficiency of clinical and IT staff and provides real-time access in case of emergencies.

Additionally, the implementation of regulatory standards, such as HIPAA, is driving the adoption of the best encryption software among healthcare organizations. The regulatory standards also help in securing sensitive data, protecting identities by providing digital signatures, securing network gateways, and encrypting databases. With the rising use of encryption solutions and increasing awareness of regulatory compliances, the adoption of encryption technology is expected to increase in developing countries.

What are the advantages of using Encryption Software? 

Can be Used Across a Variety of Devices

One of the major advantages of modern encryption technology is that it can be applied to all or most of the tech devices that are used. For e.g., data on an iPhone gets encrypted by default if you lock it with a password or the Touch ID feature. With Android phones, it’s easy to go through an encryption process within the Security menu of the Settings section. Some Android devices are encrypted before purchasing.

Helps to Avoid Regulatory Fines

Best Encryption Software has been mandatory across all industries based on the specific policies set. For instance, in the health care sector, patient privacy laws require keeping data encrypted. Organizations may be imposed with fines for noncompliance.

Helps to Stay Safer When Working Remotely

Technological advances make it easier for employees to stay productive from anywhere. But most of the C-level officials and some small-business owners believe data breach risks are higher when people work remotely. Best encryption software helps in preventing data theft even if you work remotely.

Supports Data Integrity

Data integrity is one more crucial factor in any business and encryption solution helps to maintain and support data integrity seamlessly. Data encryption ensures that only authorized parties can access a firm’s information for analysis. It also decreases the likelihood of a hacker successfully tampering with data, and those actions going unnoticed.

Privacy Safeguard

Privacy is a vital part of one’s life. On a smartphone, for instance, with encryption apps, it’s impossible, or at least exceptionally challenging, for any unauthorized person to access your information. In several instances, law enforcement officials have had difficulty investigating phone data on encrypted devices. Best encryption software enables us to stop sensitive details from unknowingly going live on the internet.

Provide a Competitive Advantage

Since data encryption is applicable both to information at rest as well as in transit, it offers reliable protection that could lead to peace of mind for the people who manage information. Research shows that a growing number of businesses know that creating an encryption plan is vital. A 2019 study by Ponemon Institute observed that, during the financial year 2018, most of the businesses surveyed reported having a complete encryption strategy applied reliably across their organizations. The research suggests that if an enterprise fails to arrange encryption, it could lag compared to competitors.