At any given point in time, numerous individuals are accessing company records. With so many files, folders, and access points, keeping a tab on who is doing what can become increasingly difficult. However, what we tend to forget is the fact that in an ever-increasing online world, the chances of security lapses happening are far more.
Cybersecurity, which had up until recently been a ‘thing of the future is very much upon us. In fact, according to Forbes, it is one of the top three biggest challenges for businesses in 2021.
Many innovations from antivirus to secure firewalls have come up providing basic levels of cybersecurity. In this article, we are going to discuss one of the most advanced cybersecurity measures currently in the industry- digital certificate.
Digital Certificate: Meaning and Definition
In very simple terms, you can think of digital certificates as some form of electronic credentials. Others point out that its function is very similar to being an electronic password.
In technical terms, a digital certificate allows an individual that holds the public and private encryption key access to a record, data set, or any other information that is being protected.
You can also say that the public and private keys are only issued to the person that is assigned the specific digital certificate and not anyone else. This helps ensure confidentiality, fixes and identifies the breach, and builds responsibility in actions and decision-making.
A digital certificate can only be issued by a Certificate Authority or CA. this body attaches one digital certificate with its sets of public and private keys. You can use a digital certificate in emails, Ecommerce, and payments.
The Increasing Need of Cybersecurity on the Internet in 2021
There is a reason why every business is looking to work with digital certificates. As we have already pointed out, cybersecurity is a clear and present danger of our times.
Without having adequate security infrastructure in place, your business can be shut down by cybercriminals. You need to understand that while advancements are being made in cybersecurity infrastructure, cybercriminals too are breaking new grounds concerning the development of innovative viruses and other spam ware.
A business that does not have proper cybersecurity protections in place can suffer from financial losses, breach of credibility, and shutdowns!
Most governmental bodies and international institutions have coordinated because of the more than 5 Trillion Dollars in losses that the world has suffered because of cyberattacks.
The Advantages of Using Digital Certificates by Businesses
In this section, we are going to look at some of the major advantages of digital certificates for organizations-
A digital certificate established authenticity in secure communication. It identifies the entities that are supposed to share information, data, or any communication as the case may be. This means that without authenticating your digital credentials you will not have access.
You need to understand the fact that apart from the individuals that have the digital certificates and the private encryption keys, no third person has access to the records. This confidentiality extended by the digital certificates means that the holder can only read and understand it.
Data that is tampered with or robbed of its integrity does not have any productive use. A digital certificate ensures that the data is not tampered with. Even if it is, you can immediately find out whether the sender or the recipient has done it by calculating their access points and timings for the same. This helps ensure that no one is changing or tampering with the data at hand.
The Bottom Line
Most businesses prefer digital certificates because it is one of the most cutting-edge cybersecurity measures in the world at the moment. Contrary to popular perception, digital certificates and PKIs are not at all expensive or technically advanced in nature. If you wish to know more about digital certificates, let us know in the comments below. We will try to respond to as many of the questions as possible.