I once received a security audit report on a SaaS product from the vendor where the report seemed to regard encryption and hashing as equivalent, which didn't e

I once received a security audit report on a SaaS product from the vendor where the report seemed to regard encryption and hashing as equivalent, which didn't exactly fill me with confidence in the value of the report. The product was for very sensitive data as well! As you might expect my comments were completely ignored by the decision maker!