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By: Tom Riddle
Folder Lock – and its pivotal role against cyber-crime are not understood by many. To understand how this application has changed the world of information security, we need to go back in time. Simply rewind back to the year 1980 and you may find that the term “Digital” is an unfamiliar phrase across a wide ranging populace. Back in the 80’s, no one could of imagined purchasing groceries with a click of a button from their computers, moreover, a simple notion of video chatting with loved ones located thousands of miles away using a small handheld device, sounded something out of a sci-fi movie, or perhaps someone stealing your identity without you even losing your wallet may of sounded preposterous to you back then. Though, today all of these things are true. With newer technology come better conveniences, however, these amenities also come with drawbacks, as we all know that nothing is faultless in design on this planet. Sure, the internet has made our lives more productive and had enabled us to reach the global marketplace, but imagine where we would be if we didn’t have internet for an entire week.
Our stock markets would crash, the ecommerce industry would plummet and people would be bored to death. As a result, we have become completely dependent on the internet. So, its certain that the internet is here to stay and will only evolve further. However, due to its ability to connect globally, it has also given rise to global e-crime. E-crime can be defined as conducting illegal/criminal activities via a computer connected to the internet. Moreover, e-crimes can be categorized in several ways, though the most threatening and common type of e-crime is data theft. E-crimes are committed by Cyber criminals who actively seek out certain classified data for various reasons.
Some of the grounds for their motivation to steal sensitive information can be the following: to obtain financial benefit from stolen data, to defame a organization, to disclose or sell key client list to competing businesses or to mask their identities using someone else’s identity to commit crime. Whatever, their motive is for stealing data, the victims’ end up paying for it as such illicit crimes cannot be traced to the violator.
According to report published by global research on data leaks, making it to the top of the list of the most hacked organizations were commercial businesses with a 63.7% probability of data hack attempts, followed by government establishments with a likelihood of 20.5%, with education and non-profit enterprises not far behind at 11.2%. Given these stats, if you own or operate such commercial enterprises, you are at an increased risk of data theft. So what can you do to protect your business from this imminent threat? According to experts your best line of defense against would be hackers is data encryption.
Data encrypting software such as Folder Lock enable companies to safeguard data of all types under password protection, Data which is protected with 256-bit AES encryption is the most advanced and is deemed impossible to crack according to experts, thankfully, Folder Lock has utilizes the same technology for data encryption. Protecting sensitive files with such software can pay off in the long run, given the above statistics which are only bound to increase in the future.
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