Encryption is key to protecting sensitive data. There are several methodologies using different cryptographic algorithms to convert plain text into cipher text. Navigating multiple methodologies and algorithms creates a complex, labour-intensive process for teams evaluating the cryptographic services offered within software components.

The security of payments is underlined in multiple visuals we confront each day while visiting numerous websites and apps. Can businesses and customers benefit from that? Any company handling cardholder data, whether a startup or an enterprise, must adhere to the Payment Card Industry Data Security Standard (PCI DSS). You must validate your compliance annually in order to remain compliant.

In today's world, information security is a noteworthy concern for all organisations, including those outsourcing vital enterprise operations to third parties. Enterprises are vulnerable to data theft, extortion, and malware installation when mishandled data, particularly by application and network security providers. American Institute of Certified Public Accountants (AICPA) was the organization that created SOC 2 which stands for ‘Service Organization Control 2'.