When was the last time you appointed an executive but felt wary of sharing your company’s important data and details with them? I am guessing it was not so long ago!
This is a feeling that is common to most business organizations and professionals. They feel that waiting out for a period of time will help them start trusting someone. But do we filter in the time wasted in the entire process? Probably not.
At a time when businesses all over the world are seeing one cyberattack taking place every twenty-second, boosting security is quintessentially important.
In this article, we speak to leading cybersecurity experts and ask them about how a digital certificate can help boost security in organizations.
What do Digital Certificates help achieve in Modern Business Organizations?
Before we get to answering the question, let us briefly try to understand digital certificates and how do they work.
A digital certificate acts as a connection point that is secure and safe and connects four things-
- An individual
- The Device (smartphone, desktop, laptop, tablets, etc.)
- Organization (Data Server, Cloud, Email, etc.)
- Encryption Key (Public)
Bringing these four touchpoints together ensures that the organization knows who is accessing what information or data and by logging into which device.
Without the issuance of a digital certificate, an individual or a device will not be able to access the information that is stored on company servers or the cloud.
Every business organization wants to create a set-up where the communication (both internal as well as external) is secure, private, and fast.
List of the Three Major Kinds of Digital Certificates in Business Organizations
- Individual Digital Certificate-
Individual digital certificates collect personal information and are mainly employed for personal signatures. You can use the digital signature for signing electronic agreements and other paperwork. They can also be used to verify and send emails.
- Certificates for Server-
I am sure you have heard about SSL Certificates. Server Certificates help prevent scammers from peeping into the conversation your computer is having with the main server. It also adds an additional protective layer to the consumer visiting your website.
- Encryption Certificates-
There are moments when messages sent internally or externally need to be encrypted for protection. The sensitive nature of such documents necessitates using encryption certificates. It assures confidentiality and uses the signature of the Certificate Authority for transmission.
All the above certificates can only be issued by the Certificate Authority or CA. Companies that are CAs, issue certificates by taking into considerations all the details, storing personal documentation, and ensuring multiple levels of checks along the entire process.
Why are Digital Certificates so Important in 2021?
If you are someone that follows news from the world of tech, you will be aware of attackers targeting everyone from government departments to big tech like Twitter!
In fact, the last few years have seen a spurt in cases of cyber attacks in different parts of the world. The nature of these attacks can cost a business millions of dollars. It can also result in loss of credibility, and trust, leading to the gradual erosion of the customer base.
While security solutions like antivirus, firewalls, VPNs, and others are evolving, so too are the strategies of the cybercriminals. According to official data, cyberattacks were attempted every 20 seconds in 2020!
The post-pandemic world has seen cybercriminals become much more active. They have been preying on the vulnerabilities of the people that are looking for government relief, easy income-earning opportunities, and businesses looking for growth and new customers.
The Final Word
Digital Certificates can go a long way in ensuring complete safety and security for your organizational needs. Businesses also use digital certificates as two-factor authentication, in addition to the user name and password required for systems logins.