Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Technology > PROTECTING SENSITIVE DATA WITH HIGH SPEED ENCRYPTION
    Technology

    PROTECTING SENSITIVE DATA WITH HIGH SPEED ENCRYPTION

    Published by Gbaf News

    Posted on October 16, 2014

    5 min read

    Last updated: January 22, 2026

    Jason Hart, an expert in data security, emphasizes the importance of high-speed encryption in safeguarding sensitive information during transit, addressing rising concerns over data breaches.
    Jason Hart discussing high-speed encryption for protecting sensitive data - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    For security teams tasked with safeguarding data, the need to protect sensitive information has never been greater. Concerns over data surveillance are growing, regulation is changing, and data breach stories are dominating the headlines, providing a constant reminder of the ramifications of security breaches and information loss. Yet, from the moment data is in motion, organisations are no longer in control. Data can be easily and cheaply intercepted by cyber-criminals for a number reasons ranging from corporate espionage to data theft and cyber-blackmail. In this environment, encryption of data is essential.

    MOVING CONTROLS CLOSER
    Many organisations make the mistake of assuming that data networks are safe. But in reality, data in motion has never been at a higher risk of exposure. It’s out there in terabytes (and even petabytes), and cyber-attacks, human error and equipment failings can all lead to sensitive data getting into unauthorised hands.

    The problem is while there’s always been a need for network security mechanisms, service providers do not always take measures to ensure data integrity. Generally, the solution they offer is the isolation of traffic or data. But this approach doesn’t safeguard against tapping of transmission lines, eavesdropping at switching and routing points, misconfiguration, and a host of other issues.

    In addition, while vast amounts of time and money are invested in securing data at rest, organisations often underestimate the magnitude of the risk to their business-critical data while it’s in transit across public or private data networks. However, this approach is short-sighted. It’s not simply systems and servers that are vulnerable to attack. Most companies today need to send and receive data across both internal and external networks – locations which are immune to anti-intrusion and anti-virus protection. So as data travels across networks – internally and externally – it carries its own degree of risk exposure.

    Jason Hart

    Jason Hart

    To combat these threats and guarantee the protection of data as it is used, organisations must move to a framework that is centred on the data itself, wherever it exists. This means providing a protection that stays with the data – wherever it is being sent, such as encryption. With encryption organisations can maintain control of their data, even when it is deployed in the cloud or in their datacentre. By moving security controls as close as possible to the data, organisations can ensure that even after the perimeter is breached, the information remains secure. So why are organisations still not embracing encryption in motion?

    EMBRACING HIGH-SPEED ENCRYPTION
    Encryption is not new. Governments and defence forces around the world have encrypted information for hundreds of years. Previously organisations have shied away from encrypting data in motion due to concerns that it leads to huge losses of bandwidth, network performance and increased costs. But in reality, this needn’t be the case – encryption does not need to have a downside.

    Up until now, the data networks used to transmit information were Layer 3, but this is not well suited to modern environments. It is complex to manage, does not scale well to larger settings, and with a considerable overhead, can compromise network performance by up to 50 per cent. For this reason, the adoption of Layer 2 encryption, otherwise known as high-speed encryption, is increasing significantly.

    Layer 2 networks can be secured and encrypted with dedicated appliances without any loss of speed and performance, minimal management, and greater reliability – resulting in a comparatively lower cost per gigabyte. By encrypting at Layer 2, organisations can better protect their data from eavesdropping, surveillance, and overt and covert interception at an affordable cost, without compromising security or performance.

    REMOVING THE TRADE-OFF BETWEEN SECURITY AND PERFORMANCE
    In a climate of increasing cyber-criminal and malicious attack threats, data cannot be encrypted in isolation. Data network usage is growing, data transmitted is becoming increasingly valuable and bandwidth demands continue to rise. As a result, organisations need to ensure that they are securing data throughout its whole lifecycle.

    CIOs have long considered the best defence to be a good offense when it comes to handling security threats. As a result, the vast majority of time and money is spent building the perimeter security measures that keep the outsiders from getting into the network. But in the new reality of security, the best offence is now the best defence, and encryption is the key to that strategy.

    Whereas in the past encryption data in motion was deemed to be uneconomic and add an overhead to data networks, today’s high speed encryption technologies mean cost and speed need no longer be an issue. So there really is no excuse for any data to be transmitted in plain text. Only by unlinking their encryption strategy from their network architecture can companies be safe in the knowledge that their data is protected, whether or not a security breach occurs.

    More from Technology

    Explore more articles in the Technology category

    Image for Engineering Trust in the Age of Data: A Blueprint for Global Resilience
    Engineering Trust in the Age of Data: A Blueprint for Global Resilience
    Image for Over half of organisations predict their OT environments will be targeted by cyber attacks
    Over half of organisations predict their OT environments will be targeted by cyber attacks
    Image for Engineering Financial Innovation in Renewable Energy and Climate Technology
    Engineering Financial Innovation in Renewable Energy and Climate Technology
    Image for Industry 4.0 in 2025: Trends Shaping the New Industrial Reality
    Industry 4.0 in 2025: Trends Shaping the New Industrial Reality
    Image for Engineering Tomorrow’s Cities: On a Mission to Build Smarter, Safer, and Greener Mobility
    Engineering Tomorrow’s Cities: On a Mission to Build Smarter, Safer, and Greener Mobility
    Image for In Conversation with Faiz Khan: Architecting Enterprise Solutions at Scale
    In Conversation with Faiz Khan: Architecting Enterprise Solutions at Scale
    Image for Ballerine Launches Trusted Agentic Commerce Governance Platform
    Ballerine Launches Trusted Agentic Commerce Governance Platform
    Image for Maximising Corporate Visibility in a Digitally Driven Investment Landscape
    Maximising Corporate Visibility in a Digitally Driven Investment Landscape
    Image for The Digital Transformation of Small Business Lending: How Technology is Reshaping Credit Access
    The Digital Transformation of Small Business Lending: How Technology is Reshaping Credit Access
    Image for Navigating Data and AI Challenges in Payments: Expert Analysis by Himanshu Shah
    Navigating Data and AI Challenges in Payments: Expert Analysis by Himanshu Shah
    Image for Unified Namespace: A Practical 5-Step Approach to Scalable Data Architecture in Manufacturing
    Unified Namespace: A Practical 5-Step Approach to Scalable Data Architecture in Manufacturing
    Image for Designing AI Agents That Don’t Misbehave
    Designing AI Agents That Don’t Misbehave
    View All Technology Posts
    Previous Technology PostSECURE ELEMENTS VS CLOUD-BASED HCE: WHAT IS MORE SECURE FOR NFC MOBILE PAYMENTS?
    Next Technology PostADS SECURITIES LAUNCHES TY3 SERVER