Encryption Driven Data Security

Robert Fleming, Founder and President of BlackSquare Technologies participates in Risk Roundup to discuss “Encryption Driven Data Security”. Introduction “Digital Data” is the life force of a digital global age. However, the ever-increasing digital data breaches are becoming a growing complex problem for each individual and entity across nations: its government, industries, organizations and academia (NGIOA). From the minor breaches to major breaches, and low profile attacks to high profile attacks; data breaches, data theft and data manipulation are practically becoming everyday affair across nations. As of today, there doesn’t appear to be an easy way to halt this growing surge of cyber-attacks from anywhere for data at rest or data in transit. While “data security” faces its unique security challenges in cyberspace, it is also an issue for geospace. With the amount of digital data ever expanding and exploding across NGIOA, knowing what the true value and impact of the cyber security breaches are is a complex challenge. Irrespective of personal data, corporate data, government data, big data, or IoT data, no individual or entity across NGIOA seems to be immune to the data security challenges. As a result, securing digital data and information is proving to be very complex in a digital global age. Digital Data @ Risk Individuals and entities across NGIOA today face the data destruction, deletion and manipulation threat. The spies, criminals and attackers in cyberspace don’t just steal data; but they also delete it or manipulate it for their personal and professional agenda. This is a critical risk facing everyone across nations. The growing data security risks are more complex due to the interconnectedness and interdependencies of a digital global age that is blurring the boundaries between personal data, corporate data, consumer data, citizen data, national data, big data and IoT data. Amidst the complex interconnectedness and interdependencies of nations: its government, industries, organizations and academia (NGIOA) to cyberspace, geospace and space (CGS) it is important to understand who is accountable for digital data security. Digital data needs to be protected in all of its states: at rest, in transit and more. It is therefore very important that we evaluate and understand whether we have the technology capability to identify, evaluate and manage the digital data attacks or breach in progress. Data Encryption Encryption brings a double edge sword to the security community . It is important that we understand and evaluate what is the role encryption can play in “data security” and whether it can play an effective role. Traditionally, the proprietary, private, confidential and valued data of NGIOA-I are generally protected by “encryption keys,” which are transmitted between a sender and receiver. These “secret keys” can however be intercepted, corrupted and exposed if a criminal hackers “eavesdrops” on these keys during data transmission or at rest. It is important to evaluate what are the specific technological and security challenges with current encryption technology- Conclusion Data security is a complex challenge. With new security threats appearing at a rapidly increasing pace, each individual and entity across NGIOA is facing data security risks. While there is an on-going effort to secure data, it is important to evaluate if we have the right approach to data security and whether we have effective framework that would allow us to effectively manage data security risks or whether we have right tools, technology and processes to achieve security. To watch or listen, Robert Fleming, Founder and President of BlackSquare Technologies participate in Risk Roundup to discuss “Encryption Driven Data Security” please watch the vi...