By now we have seen many advancements in the technology used to protect sensitive information. However, one encryption algorithm that has stood out, in particular, is called AES 256 Bit Encryption.
This cutting-edge and highly advanced encryption method is becoming increasingly popular in the business world for its ability to protect against even the most sophisticated cyberattacks and data exploits.
Let us take you through the basics of AES 256 Bit Encryption, its history, how it works, and why (almost all) businesses should consider using AES-256 encryption software.
Who Invented the AES 256-Bit Encryption?
It all started in the 90s. The AES-256 encryption algorithm was created by the National Institute of Standards and Technology (short: NIST) as part of a larger effort to develop a standardized method of encryption. It was the year 1997 when the NIST held a competition to find the best encryption algorithm, with AES 256 ultimately emerging as the winner of that competition.
This competition was designed to identify the most secure and efficient encryption algorithm, and AES 256 Bit Encryption has been widely adopted as the standard for data encryption since then.
Why it’s so secure (AES128 vsv AES 256)
AES 256 Bit Encryption uses a 256-bit encryption key to encrypt and decrypt sensitive information. This long key length makes it incredibly difficult for cybercriminals to crack the encryption, even with the most sophisticated techniques.
In contrast, AES 128 Bit Encryption uses a 128-bit encryption key, which is considered less secure than the 256-bit key used in AES 256 Bit Encryption.
When information is encrypted using AES 256 Bit Encryption, it is transformed into an unreadable form that can only be decrypted with the proper encryption key. This process is called symmetric encryption and it ensures that sensitive information remains protected even if it falls into the wrong hands.
Benefits of AES 256 Bit Encryption for Businesses
Enhanced Security (AES 128 / AES256)
The main benefit of AES-256 Encryption is, of course, enhanced data security over less secure (AES-128) solutions.
Compliance: Privacy Regulations
AES 256 Bit Encryption also helps businesses comply with data privacy regulations (i.e., GDPR). With increasing pressure from EU regulators to protect customer data, businesses need to take steps to secure their client data. A reliable AES-256 encryption software provides a cost-effective way to comply with these regulations.
Protection Against Inside Attacks
While many businesses are focused on protecting their information from external threats, they often overlook the risk posed by their very own insiders. AES 256 Bit Encryption protects against insider threats by providing a secure method of encrypting sensitive information that only authorized individuals can access (Keyword here is: Access Control).
Cost-Effective & Tax Deductible
Finally, AES 256 Bit Encryption is a cost-effective investment for businesses and the costs are fully deductible as a business expense.
How businesses can implement an AES-256 encryption solution
The first step is to invest in file encryption software that offers AES-256 encryption. This software can be used to encrypt sensitive information, including customer data, financial records, corporate documents, tax documents, and other confidential documents.
Ultimately, they can incorporate AES 256 Bit Encryption into their day-to-day data management strategies. This includes developing policies and procedures for using the encryption software and ensuring that all employees are trained on how to use it properly
For instance, businesses may choose to use AES 256 Encryption for data in transit, such as email or slack correspondence for their remote workers which reduces the risk of a data breach.
AES-256 encryption is a powerful way for businesses to improve their data security and protect sensitive information. With its long encryption key length and proven track record of providing secure encryption, it remains an excellent choice for all types of businesses that handle a lot of digital data.