The world relies on technology more than ever before. As a result, digital data creation has surged.
Devices and their underlying systems have vulnerabilities that, when exploited digital malicious attacks and unauthorized access can pose the biggest threats to individual and organisations.
That's where cybersecurity comes in, and it’s very important. What is Cyber-Security?
Cybersecurity is the practice of defending computers, servers, mobile devices, electronic systems, networks, and data from digital malicious attacks and unauthorized access. It's also known as information technology security or electronic information security.
Encryption and tokenization are important cybersecurity technologies that are complimentary and are often deployed together as part of layered security approaches. Yet there are a few key differences that are important to keep in mind.
Tokenization Technology is a simple process of replacing sensitive data with non-sensitive token data, such as an account number, into a random string of characters called a token that has no meaningful value if breached.
Tokens serve as reference to the original data, but cannot be used to guess those values.
Encryption Technology is the process of using an algorithm to transform plain text information into a non-readable form called ciphertext.
An algorithm and an encryption key are required to decrypt the information and return it to its original plain text format.
Common Types of Cyber Threats:
Malware – Malicious software such as computer viruses, spyware, Trojan horses, and keyloggers.
Ransomware – Malware that locks or encrypts data until a ransom is paid.
Phishing Attacks – The practice of obtaining sensitive information (e.g., passwords, credit card information) through a disguised email, phone call, or text message.
Social Engineering – The psychological manipulation of individuals to obtain confidential information; often overlaps with phishing.
Mobile malware - is malicious software that is designed to specifically target mobile phone operating systems.As more and more critical and sensitive tasks are performed on smartphones, cybersecurity is very much a concern.
Advanced Persistent Threat – An attack in which an unauthorized user gains access to a system or network and remains there for an extended period of time without being detected.
The most important difference between encryption and tokenization is functional: Encryption protects data in motion while tokenization protects data at rest.
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