- Regulatory Requirements: Many industries, such as finance, healthcare, and government, have strict regulations requiring the use of encryption to protect sensitive data.
- Data Portability: Encryption allows data to be easily transferred and shared between different systems and organizations without compromising its security.
- Cost Savings: Encryption can help reduce the cost of data breaches by preventing the loss of sensitive information and minimizing the need for costly remediation efforts.
In summary, data encryption is essential for protecting sensitive information, ensuring compliance with regulations, and preventing data breaches. It is a critical component of a robust cybersecurity strategy and helps to build trust with customers and stakeholders.