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Showing posts with the label Data Encryption

The Role of Bring Your Own Key (BYOK) in Cloud Security

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  Security has been the focus of cloud computing since its beginnings. Companies have been hesitant to move important apps and sensitive data to the cloud because they are afraid of giving up control to outside parties. Although cloud service providers have put strong security measures in place, such as anti-malware defenses and privacy safeguards, worries still exist, especially regarding data ownership and access.  Cloud computing has revolutionized the way businesses operate, offering unparalleled flexibility, scalability, and efficiency. However, alongside these benefits come concerns about data security. Entrusting sensitive information to third-party cloud service providers raises questions about who has access to the data and how it is protected. While encryption is a standard security measure, the ownership and management of encryption keys remain a point of contention. Bring Your Own Key (BYOK) addresses this issue by allowing users to retain control over their encry...

Cryptographic Key Management for Multi-Cloud Computing

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  In an era where data is king, encrypting sensitive information has become a non-negotiable practice for organizations aiming to comply with various regulatory mandates and safeguard their reputation. The utilization of encryption not only fortifies resilience against data breaches but also protects against the potential fallout of such incidents. However, the efficacy of encryption is contingent on the implementation of robust key management procedures.  A pivotal best practice in key management involves the use of Hardware Security Modules (HSMs) to generate and safeguard secret keys and certificates within a secure, physical boundary. This ensures that key material remains impervious to attacks, as it is never exposed in the clear in application or server memory. Nevertheless, while HSMs are a crucial building block, a comprehensive encryption strategy necessitates more.  The design and implementation of strong key management practices, aligned with regulatory req...

Best Practices to Comply with SEBI Cloud Service Adoption Framework

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  In response to the increasing incidents related to technical glitches in the financial sector, the Securities and Exchange Board of India (SEBI) has taken a proactive approach by forming a working group. This group has developed a comprehensive framework to address the challenges and risks associated with adopting cloud computing solutions. The framework aims to guide SEBI Regulated Entities (REs) in implementing robust risk management strategies for cloud adoption.    SEBI's Cloud Computing Framework:   The primary objective of SEBI's framework is to reduce the risks associated with cloud adoption by establishing essential access and data controls. By providing a principle-based approach, the framework outlines mandatory controls and baseline security measures for REs and Cloud Service Providers (CSPs). It addresses governance, risk management, compliance, and other crucial aspects to ensure a secure transition to cloud computing.  SEBI's framework is designe...

JISA Softech: Empowering Cybersecurity with Advanced Cryptography Solutions

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  In today's interconnected world, where digital adversaries lurk in the shadows, the importance of robust cybersecurity measures cannot be overstated, especially for financial firms entrusted with safeguarding sensitive data. JISA Softech is an Indian deeptech startup specializing in Cryptography, PKI, and Quantum Cryptography for Cybersecurity and Data Protection Solutions. The company's main focus is on delivering advanced cryptographic solutions that safeguard digital technologies, including digital payments, PII data, blockchain, cloud infrastructure, and the Internet of Things. During an exclusive interview, we had the opportunity to delve into the company's journey and explore its notable achievements in the field of cybersecurity and beyond. Can you provide a concise overview of JISA Softech's involvement and standing within the Cyber Security and Data Protection sector? We are an Indian deep tech startup specializing in cryptography, PKI, and quantum cryptograp...

What is HSM? What are the benefits of using an HSM?

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Today, organizations collect and keep sensitive client data such as credit card information, banking details, health records, and so on. Misuse of these sensitive data could result in a digital tragedy. This client information is frequently saved in devices and on servers. Even encrypted data can be disclosed when the private key is stolen or hacked. This is why businesses use Hardware Security Modules (HSM) to protect data from leaks or tampering. Compliance with government regulations is no longer enough to ensure data security. It is now the key to success for many businesses. You might have heard of the term encryption keys before. You wish to encrypt your biometric data, perhaps your database, or just some random data for security compliance reasons. To encrypt, you’ll need an encryption key, which you’ll use to encrypt your data. A random string of bits called an encryption key is constructed specifically for scrambling and unscrambling data. We usually utilize several algorithm...

How Does PKI Work to Keep Your Business Safe?

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Technological advancement, an increase in online transactions, and a fast-paced lifestyle provide new opportunities for hackers. As an online merchant, you must provide the highest level of payment security to reassure your clients that their personal information is secure. Your online business should prioritize providing the best level of security possible, including complete encryption and multiple levels of fraud prevention technologies. Online transactions have a larger risk of financial fraud than in-store transactions. However, with the correct processes and technologies, it is possible to limit the danger of an attack and keep customer data safe to secure the business. This also helps you avoid chargebacks, penalties, and other non-essential costs and charges. How to safeguard cardholder’s data? The Payment Card Industry Data Security Standard (PCI DSS) assists in the protection of cardholder data. The PCI Security Standards Council (PCI SSC) implements the standard by recommen...