Yes — we enable data encryption at rest for you by default in our RDS database instances.
Data at rest encryption is typically required to comply with a particular regulatory compliance standard to account for additional protection for accessing and storing your WordPress data.
Using Server-Side Encryption (SSE-S3) (AWS Doc), Pagely also provides encryption at rest for server volumes, both boot and data volumes (View UserGuide), and all backups.
Read into the other benefits and when it’s wise to consider a Shared vs. Dedicated Database.