1 RANA BUILDERS (PVT.) LTD, Account officer, Dhaka,Bangladesh.
2 Masters of Science in Information Technology Washington University of Science and Technology ,Virginia, USA.
3 Officer at Department of Banking Inspection, Bangladesh Bank, Dhaka, Bangladesh.
4 Manager, Connell Caldic, Dhaka, Bangladesh.
5 Master of Business and management, Osaka University, Yamadaoka, Suita city, Japan.
Research Article
World Journal of Advanced Research and Reviews, 2023, 17(01), 1355-1362
Received on 16 December 2022; revised on 25 January 2023; accepted on 28 January 2023
In today’s increasingly interconnected digital landscape, businesses are confronted with the pressing need to secure sensitive information from a growing range of cyber threats. As organizations rely more heavily on digital systems to store and process critical data, the risk of cyberattacks, data breaches, and unauthorized access has escalated. To mitigate these risks and protect the integrity and confidentiality of business information, encryption technologies have become indispensable. This research explores the role of data encryption in securing business information systems, focusing on its evolution, effectiveness, and the challenges businesses face in adopting and maintaining these technologies. The paper examines a variety of encryption methods, including symmetric encryption, asymmetric encryption, and advanced cryptographic techniques, highlighting their application in different business contexts such as finance, healthcare, and cloud computing. Furthermore, it delves into the challenges associated with encryption implementation, including issues related to key management, system performance, and the need to comply with stringent regulatory standards such as GDPR and HIPAA. As the landscape of cybersecurity continues to evolve, the research also investigates emerging encryption technologies and their potential to address new challenges. Notably, the rise of quantum computing poses a significant threat to traditional encryption schemes, prompting the exploration of quantum-resistant encryption algorithms. The paper also examines the potential of blockchain and artificial intelligence (AI) to enhance encryption and security strategies. Ultimately, this research highlights that while encryption remains a critical pillar of cybersecurity, businesses must proactively adapt to technological advancements and evolving threats to safeguard their data in an increasingly complex and dynamic threat environment.
Business Analytics; Cyber Security; Data Analytic; Data Encryption
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Jafrin Reza, K M Yaqub Ali, Md Rakibuzzaman, Md Shakil Islam and Md Ashraful Alam. Investigating data encryption technologies in securing business information systems. World Journal of Advanced Research and Reviews, 2023, 17(1), 1355-1362. Article DOI: https://doi.org/10.30574/wjarr.2023.17.1.1449