

Some of the major regulations that aid cyber protection are PCI-DSS, HIPAA, Federal Information Security Management Act (FISMA), and Gramm–Leach–Bliley Act (GLBA). Regulations and compliance aid in data privacy, cyber system security, risk assessment, and efficient business contingency planning. Being aware of different laws and regulations helps organizations to decide which type of solution needs to be adopted for protecting critical enterprise data. Increasing the implementation of enterprise mobility and IoT across industry verticals has led to a surge in demand for best encryption software. Employees are permitted to use numerous mobile devices for sharing intimate information encouraging flexibility in work and thereby making data vulnerable to lose. Governments and regulatory authorities across the world have levied a certain set of rules and compliance necessities that prompt organizations to adopt strict cybersecurity solutions for protecting enterprise data,, network, endpoint, application, and cloud environment. Severe regulatory standards and data confidentiality compliance
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What are the major drivers of the Encryption Software market? Best encryption software provides a broad way to mitigate the risks of accidental and deliberate data breaches. Encryption is a process through which data is encoded so that it is unreachable to unsanctioned users. It helps protect sensitive information and improves the security of communication between 2 parties. The global encryption software market size is likely to reach USD 20.1 billion by 2025 from USD 9.8 billion in 2020 to, at a CAGR of 15.5%. Extensive digital transformation has augmented the demand for data security and confidentiality in organizations.

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Encryption is the procedure of transforming plain text to code text using an encryption algorithm, which may be symmetric or asymmetric. The data encrypted can be decrypted only with an encryption key.
