Cryptographic Failures: Understanding Risks, Implications, and Mitigations for the C-Suite
Cryptography is the science of securing information and communications by encoding data so that only authorised parties can access it. Cryptographic mechanisms underpin various corporate processes, from securing customer data and enabling secure transactions to protecting intellectual property and ensuring secure internal communications. As businesses digitise their operations, cryptography becomes a cornerstone of data protection and regulatory compliance.
Cryptographic failures occur when encryption mechanisms fail to secure data as intended. This can happen due to flaws in cryptographic protocols, poor implementation, or the use of obsolete algorithms.
