10 Enterprise Encryption Key Management Best Practices (2024)

Why does strong encryption key management matter? Being involved in this security world, we would have heard different responses; however, there would be one thing in common for all the responses “Save the key from getting compromised.”

As you know, encryption involves scrambling data so only the intended party or organization can access it. This process is accomplished by using encryption keys. Each key contains a randomly generated string of bits. You can think about the encryption key as a password, ex: you access your bank account or any other account if you have your password. Similarly, you can decrypt your data when you have the associated encryption key with you. As you encrypt more and more data, you attain more of these keys, and managing the keys properly is very important.

Compromise of your encryption keys could lead to serious consequences since they could be used to:

  • Extract/tamper with the data stored on the server and read encrypted documents or emails.
  • Applications or documents could be signed in your name
  • Create phishing websites, impersonating your original websites,
  • Pass through your corporate network, impersonating you, etc.

Do you need to manage your encryption key?

In a word, yes. As stated in NIST SP 800-57 part 1, rev. 5:

Ultimately, the security of information protected by cryptography directly depends on the strength of the keys, the effectiveness of cryptographic mechanisms and protocols associated with the keys, and the protection provided to the keys. Secret and private keys need to be protected against unauthorized disclosure, and all keys need to be protected against modification.

Encryption key management is an essential part of any enterprise security strategy. Proper key management ensures that sensitive data is protected from unauthorized access and that access to encrypted data is granted only to authorized individuals. Here are 10 best practices for effective enterprise encryption key management:

Implementation Services for Key Management Solutions

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Key Management Best Practices:

  1. Follow key generation best practices

    There are specific best practices that should be followed when generating encryption keys. In selecting cryptographic and key management algorithms for a given application, it is important to understand its objectives. This includes using a strong random number generator and creating keys with the sufficient algorithm, length, and regularly rotating keys.

  2. Use a centralized key management system

    A centralized key management system is essential for effective key management in an enterprise setting. This system should be secure and allow easy management of keys across the organization.

  3. Use key-encrypting keys

    To ensure an extra level of security, consider using key-encrypting keys (KEKs) to protect your encryption keys. KEKs are used to encrypt and decrypt encryption keys, providing an additional layer of security.

  4. Establish key access controls

    It is essential to have controls in place for who has access to your encryption keys. This includes establishing access controls for key generation, key storage, and key use.

  5. Centralize User roles and access

    Some businesses may utilize thousands of encryption keys, but not every employee needs access to them. Therefore, only individuals whose occupations necessitate it should have access to encryption keys. These roles should be specified in the centralized key management so that only authenticated users will be allowed access credentials to the encrypted data that are connected to that specific user profile.

    Additionally, make sure that no administrator or user has exclusive access to the key. This provides a backup plan in case a user forgets his login information or unexpectedly departs the firm.

  6. Use key backup and recovery

    Proper key backup and recovery is essential to ensure that you can quickly restore access to your encrypted data in case of an emergency. This includes regularly backing up keys and having a clear plan in place for key recovery.

  7. Use key expiration

    Key expiration is a process in which keys are set to expire after a certain period of time. This ensures that keys are regularly rotated and that access to encrypted data is kept up to date.

  8. Use key revocation

    Key revocation is a process in which keys are invalidated and can no longer be used to access encrypted data. This is essential for ensuring that access to data is properly controlled and that unauthorized individuals are not using keys.

  9. Use Automation to Your Advantage

    An enterprise or larger organization relying solely on manual key management is time-consuming, expensive, and prone to mistakes. With Certificate management we have heard a lot about automation, however it is not just for digital certificate management. The smartest approach to encryption key management is using automation to generate key pairs, renew keys and rotate keys at set intervals.

  10. Preparation to Handle Accidents

    Although an administrator or security personel implement the correct policies, controls to secure the sensitive information, key things can go wrong at any point, and the organization must be prepared for it. For example:

    • User has lost credential to their keys
    • Employee leaves or gets fired from the company
    • Used flawed encryption algorithm
    • Human error, accidently publishing private key to a public website

For such situations one should always be prepared, identify all possibilities before it actually occurs and take precautionary measures. Audit your security infrastructure on a regular basis to minimize such incidents.

Conclusion

By following these best practices, you can ensure that your enterprise encryption key management is effective and secure. Proper key management is essential for protecting your sensitive data and ensuring that only authorized individuals can access it.

10 Enterprise Encryption Key Management Best Practices (2024)

FAQs

What are the best practices for key management? ›

Key Management Best Practices Checklist

Select strong, tested cryptographic algorithms and sufficient key lengths. Enforce secure key generation using high-quality random number generators. Securely distribute keys and avoid manual transfer. Store keys encrypted in isolated cryptographic modules with access controls.

What is best practice for encryption methods? ›

When encrypting data at rest, we recommend using approved cryptography algorithms, block cipher modes, and key lengths. Identify access control policies for your encryption keys based on the principle of least privilege.

How do you manage encryption keys? ›

How are encryption keys managed? Encryption keys are managed using key management facilities (KMFs) and key fill devices (KFDs). KMFs are secure devices that generate encryption keys, maintain secure databases of keys and securely transmit keys to KFDs.

What are the best practices for drive encryption? ›

Keep encryption keys in a centralized storage location/ escrow – this makes it a lot easier for you to decrypt data in emergency situations. When the administrator needs it for maintenance, or in case of a technical issue, such as an OS that won't load or a hard drive has physical damage that must be repaired.

What are the 4 key management practices? ›

Four Primary Management Practices
  • Strategy (devise and maintain a clearly stated, focused strategy) ...
  • Execution (develop and maintain flawless operational execution) ...
  • Culture (develop and maintain a performance-oriented culture) ...
  • Structure (build and maintain a fast, flexible, flat organisation)

What are the 5 key management? ›

In wrapping up, mastering these five key management skills—effective communication, delegation, problem-solving, time management, and team motivation will reshape how you lead, how your team performs, and how your business is perceived in the marketplace.

What are the four 4 most secure encryption techniques? ›

DES, AES, and RSA are the three primary encryption types. A more recent 3DES is a block cipher that is still in use today. The Triple Data Encryption Standard (3DES) does exactly what its name says. For triple protection, it employs three independent 56-bit keys rather than a single 56-bit key.

What are the three 3 different encryption methods? ›

There are different types of encryption techniques, but the following three are the most common and widely used: Symmetric Encryption, Asymmetric Encryption, and Hashing.

What makes an encryption key strong? ›

The longer the key, the stronger the security. However, universally increased encryption keys increase costs and some organizations can't afford using the strongest option for all data. The best approach usually restricts data to specific systems and then applies different key lengths for different purposes.

What are the basics of key management? ›

Key management refers to management of cryptographic keys in a cryptosystem. This includes dealing with the generation, exchange, storage, use, crypto-shredding (destruction) and replacement of keys. It includes cryptographic protocol design, key servers, user procedures, and other relevant protocols.

How to design a key management system? ›

The first step in designing a key management system is to clearly define the requirements. This involves understanding the specific needs of your organization, including the types of data that need to be encrypted, the required level of security, compliance regulations, and operational constraints.

What is the normal way of managing cryptographic keys? ›

The use of cryptographic keys should only be allowed after the user has been identified. Therefore, for proper key management, the system must provide authentication and authorization mechanisms or allow integration with existing systems, such as Microsoft's Active Directory.

What is the best practice to store encryption keys? ›

3 Key storage

This means protecting them from unauthorized access, modification, or loss. You should encrypt your keys with another key or a passphrase, and store them in a separate location from your data. You should also backup your keys regularly and keep them offline or in a trusted cloud service.

What is the key management approach? ›

Key management refers to the administrative control over cryptographic keys. It encompasses their creation, distribution, storage, and deletion. This process ensures that the keys used to encrypt and decrypt data are securely handled and accessible only to authorized entities.

What is the best practice for key rotation? ›

The best practice is to rotate your keys regularly. Choose a rotation interval between one and 12 months for your root key based on your security needs. After you set a rotation policy for a root key, the clock starts immediately based on the initial creation date for the key.

What are the best practices for KPI setting? ›

Make sure each KPI meets the SMART framework

Measurable: It should be easily quantifiable. Attainable: It should be realistic to obtain. Realistic: It should be practical and pragmatic. Timely: It should be measurable on a regular—and fairly frequent—basis, for example, monthly or quarterly as opposed to annually.

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