Cybersecurity is one of the major concerns for start-ups falling under every kind of industry, but it can also be an expensive investment with a complex process. Keeping this in mind, let’s discuss how RNGs can provide simple and cost-effective security measures.
Strong Passwords
We’ve all been guilty of choosing passwords that are easy to remember. However, when passwords are based on our reality, this can make them easier to hack. The simplest and most effective way to generate a secure password is something you’d be more likely to see in online casinos than in the workplace – RNGs. When slot-enthusiasts play Age Of The Gods slot through an online platform, they will find that icons like Athena, Zeus, Poseidon, Hercules, Hades, and other symbols fall on the reels in a random order. In addition, the bonus round and Special Pantheon of Power are activated entirely randomly, too.
This is because slot games use RNGs to digitally mimic the same aspect of luck that you’d get from rolling a dice, spinning a wheel, or picking a card. This ensures that the gameplay is fair and down to chance alone, making for an immersive and authentic experience. The same technology can be used to generate a string of non-sequential characters, with a random mix of uppercase and lowercase letters, numbers, and special characters. As the results are not predetermined or linked to something like your birthday or first pet, this makes them very secure. With this in mind, encouraging employees to use RNG-powered password generators can be a simple and cost-effective way to make a password policy more robust.
Zero Trust Security Model
It goes without saying that, in startups, trust between employees is critical for getting the business off the ground. However, Zero Trust (ZT) doesn’t mean you don’t trust anyone. As defined by Techopedia, ZT is a cybersecurity strategy that assumes that no user, device, service, or connection is trustworthy until it has been verified. In other words, nothing and no one is trusted by default, advocating for mutual authentication methods.
One of the easiest ways to begin integrating ZT is by implementing multifactor authentication (MFA). MFA requires users to use a secondary device to verify each login attempt, typically by inputting a pop-up code. These codes are generated by RNGs to ensure that they cannot be guessed. As the codes are random and non-sequential, only the verified user will have the right code. This adds a layer of security to the login process.
Payment Card Encryption
If your business takes card payments in person or online, or stores payment card information, this requires a strong data protection policy. Most payment platforms and devices already have these inbuilt into their systems, so it pays to shop around for the most secure point of sale (POS).
RNGs are used to encrypt card information at POS by generating a digital token that masks the original card details. This can be seen with digital wallet apps like Google Pay and Apple Pay. The randomly generated tokenized details are transmitted to the bank, which can decrypt the details and approve the payment. In this case, only authorized parties can decrypt and view sensitive, personal data, strengthening data protection.
And there you have it – just a few ways that RNGs bolster cybersecurity policies simply and cost-effectively. All that’s left to do is explore your options and secure your start-up.
