How does encryption affect storage costs?
Encryption can increase storage costs due to the additional resources needed for encryption algorithms and key management.
What specific factors contribute to these increased costs?
Factors include processing power for encryption, storage space for keys, and potential performance impacts on data retrieval.
Is the cost increase significant for small businesses?
For small businesses, the cost increase can be manageable, but it depends on the volume of data and the encryption methods used.
Are there any cost-effective encryption solutions available?
Yes, there are many cost-effective solutions, including open-source encryption tools and cloud services that offer built-in encryption.
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