Recently, several companies have been coming up in the news because their data has been leaked in one way or another, either by a rogue person with access to the data or by a hacker who managed to sniff up the data while the company was moving it. The results of such a catastrophe, even if the company is sincere and didn’t have anything to hide, are usually embarrassing for both the heads of the firm and its customers. Not only can secrets be revealed that way, but your clients’ information can be compromised, making them lose their trust in you.
How can you prevent such a thing from happening? Well, from one point of view, you can opt for a zero-knowledge privacy service to store your company’s information. This is something that takes a “holistic” approach to data privacy.
The new concept of the Zero-Knowledge Privacy Standard is one that allows you to have your data encrypted during and after a transaction and even while it’s being stored. The system operates through encryption keys that are not stored on-site in plain text format. Instead, you must keep the encryption key yourself to access the data, eliminating the middleman who knows everything about what you store.
Everything, from file sizes to file names, is encrypted with a unique key, letting you have control in ways that would put you ahead of other companies that struggle to keep their data secure. The only thing you need to worry about is who gets his/her hands on your encryption key.
There is only one company offering this exact kind of standard, but another one pairs up to it rather well. The two companies, starting with the one offering Zero-Knowledge data storage, are:
- SpiderOak – This company offers the infamous “Zero Knowledge” backup solution that can protect your business’ data. It offers free storage for up to 2 GB of data and charges $10 for every 100 GB you want to store.
- Egnyte HybridCloud - This company gives you storage with a supreme level of security, encrypting everything it touches. The encryption method is SSL for “touch points,” meaning that you’ll be using HTTPS, or secure HTTP, for uploading and downloading information. 256-bit AES encryption is used for file storage, meaning that files will remain on server encrypted. You can have this storage for $24.99 a month with 5 employees and 150 GB. Their highest plan allows for 3 TB of storage and costs $12.99 per employee every month.
If you’re running a business that has a large amount of sensitive data, including client data, keep an eye on which hands the information lands on. Avoiding encryption when you have lots of sensitive data is like avoiding crosswalks at a very busy intersection and bringing all your customers along with you while jaywalking.