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What are the challenges and shortcomings in the method of using data
encryption for data protection?
Ans:
Encryption helps deal with two common data protection vulnerabilities in
today’s global economy, which is that the work force that is constantly on the
move and the rise of remote work assignment as companies become more
globalized. It prevents stealing of data in case device gets into wrong hands
as the data gets encrypted.
However, as it is a technology it has its own challenges, shortcomings and
boundaries which we can examine as follows:
1) Lack of technological awareness: Simply put, if the user isn’t
technically sound on how to access the device or retrieve encrypted
data, it is pointless. From a consumer point of view, also consumers
appear to lack a foundation of knowledge about how their data is being
used and appear unaware of the tools available to them to protect their
data.
3) Data encryption incurs more cost and requires additional resources than
other methods of data protection. Organizations cannot run ad-
hoc/discovery-based queries with its methodology. This increases your
total cost of ownership and distracts your organization from more
important and strategic initiatives.
Marriott international was fined £100 million for this “mega-breach”, thus
impacting the group’s turnover for several years.
To this date, this cyber-attack on a customer database is the largest ever
recorded and its repercussions reach far over the £100m fine for the hotel
chain.