The need for data encryption has grown with the global trend toward privacy regulations and as organizations look to boost their overall cyber resilience in the face of unprecedented challenges and increased cyber crime. Data encryption should be part of a broader solution that can find data everywhere in the environment, analyze it, and provide insight to identify the high value data that needs encryption. Data protection should not be treated lightly as any data leak breaching customer privacy or exposing intellectual property may result in irreversible brand reputation and financial damages. In the event of a breach, use of a proven standard defends against questions about the strength of the protection.
Source: https://www.helpnetsecurity.com/2021/01/25/select-data-encryption-solution/