I have some questions related to encryption in data and network security.
You are a consultant working for a large private-sector client. Your team is responsible for managing a network that supports a CRM (Customer Relationship Management) application, which often contains highly sensitive, often encrypted, financial information. A hacker figures out the algorithm your client is using to encrypt outgoing emails and internal, sensitive information and posts it on the Internet.
- Should this situation be of serious concern? If so, why?
- What are some of the next steps your team should take?