What function does the 'Central Device Encryption' feature provide?

The 'Central Device Encryption' feature plays a critical role in enhancing data security by encrypting data on endpoints. This encryption process protects sensitive information stored on devices from unauthorized access and potential breaches. When data is encrypted, it becomes unreadable without the correct decryption key, thereby safeguarding it even if a device is lost or stolen. This feature is particularly significant for organizations that handle confidential information and must comply with various regulations regarding data protection.

The other options do not align with the primary purpose of Central Device Encryption. Enhancing network speed and performance, compressing data for storage efficiency, and limiting unauthorized peripheral device connections do not address the encryption of data on endpoints, which is the core functionality provided by this feature. Therefore, the focus on protecting sensitive information through encryption makes the selected answer correct.