The advancement of mobile technologies has encouraged the retail sector to adopt mobile devices for real-time data access. However, the increasing use of mobile devices has also led to increased instances of data thefts and data loss. Enterprise key management solutions and services help retail organizations address data security concerns. Security solutions and services have become essential for retail organizations to ensure protection of IT environment and customer-sensitive data. Additionally, regulatory compliances, such as AES and PCI DSS, ensure the privacy of customer-sensitive data. The implementation of encryption solutions is gaining pace in the retail industry. Attacks on Point-of-Sale (PoS) systems are also encouraging the use of data encryption, file encryption, and e-mail encryption software. However, budget constraints may hamper the adoption of key management solutions in the retail vertical.
The creator of.ZIP format also introduced a data protection solution known as Smartcrypt, which is a solution to data discovery and encryption key management. Along with serving its data encryption solutions, the company continues to expand its.ZIP file format standard by introducing ZIP Reader–a ZIP file reader, PKZIP–reduces the file size or used to decompress files, and SecureZIP–compress and encrypt files, emails, and attachments.