In the digital age, data security is paramount, especially when it involves sensitive financial information. At Teleskop, we prioritize your privacy and security by implementing robust data encryption practices. This article explores how data encryption works at Teleskop and why it's essential for protecting your information.
What is Data Encryption?
Data encryption is a security method where information is encoded so that only authorized parties can access it. By converting the original representation of the information, known as plaintext, into an alternative form known as ciphertext, encryption ensures that data privacy is maintained both at rest and in transit.
Zero-Knowledge Encryption: Your Data, Your Control
One of the most advanced security features we offer at Teleskop is zero-knowledge encryption. This ensures that only you have access to your files - neither Teleskop nor any third party can view or access your data without your explicit consent.
When you upload files to Teleskop, they are encrypted directly on your device before being sent to our servers. This means the encryption process happens locally, and only you hold the key - in the form of a unique passphrase that is never shared with Teleskop. This passphrase is used to encrypt and decrypt your files, making your data unreadable to anyone without it.
With zero-knowledge encryption, Teleskop cannot decrypt your files even if we wanted to. This approach guarantees that your sensitive financial documents, personal information, and any files stored in our Digital Vault remain fully protected, allowing you to share them only with those you trust. Whether you choose to give access to family members or financial advisors, you are always in control of who can see your data and when.
How Teleskop Uses Data Encryption
Encryption at Rest
At Teleskop, we use encryption to protect your data while it is stored on our servers. This means that all your financial data, personal information, and other sensitive data are converted into encrypted format that can only be read or processed after it is decrypted with a secure key. This layer of security protects your information from unauthorized access, including potential breaches of our physical hardware.
Encryption in Transit
We also encrypt data when it is being transmitted between your device and our servers, or between our servers and external systems. This is crucial because it safeguards your information from being intercepted by attackers during transmission. We use protocols like TLS (Transport Layer Security) to ensure a secure, encrypted connection.
The Encryption Technologies We Use
At Teleskop, we employ advanced encryption standards, such as AES (Advanced Encryption Standard), which is a globally recognised encryption method used by governments and security experts worldwide. AES offers a high level of security and is efficient in operation, making it ideal for protecting large volumes of data.
Why Encryption Matters
Protecting Your Privacy
Encryption helps protect your personal and financial data from prying eyes. Whether it's safeguarding your investment details or your personal identity information, encryption acts as a barrier against unauthorized access.
Compliance with Regulations
By using encryption, Teleskop ensures compliance with various global data protection regulations, such as GDPR, which require the use of such security measures to protect consumer information.
Building Trust
Knowing that your data is encrypted and securely handled increases your trust in our services. At Teleskop, we believe that security is foundational to customer confidence and business integrity.
Continuous Improvement
Our commitment to data security doesn’t stop at current technologies. We continuously evaluate emerging encryption methods and update our practices to ensure that Teleskop remains at the forefront of data security. Our goal is to proactively adapt to the evolving landscape of cyber threats, ensuring your data remains secure under all circumstances.