Data is one of the most crucial assets of any company. Unfortunately the number of data breaches and cyberattacks are growing day by day and make a solid security strategy for data more vital than ever before. A strong data protection strategy protects your data from an unauthorized access. This could result in devastating consequences, such as costly recovery and forensics costs lost productivity, reputational damage, compliance fines, and permanent loss in confidence of customers.
A solid data security plan includes best practices like encryption to safeguard sensitive information during transport and at rest, authentication of users authorization, authorization, and access management, and data resiliency to ensure content is accessible when it is needed. It involves monitoring and detecting threats to the confidentiality, integrity and availability of data.
Data security is also an important aspect of identifying and classifying data according to its my digital business blog sensitivity. This helps organizations prioritize their security efforts accordingly. For instance, data with low sensitivity may be shared with general public, whereas information with a high sensitivity must be made available only to certain users to avoid the possibility of catastrophic consequences should it be compromised or destroyed.
Data security is a concern for all businesses, no matter their size. This is particularly due to the ever-growing level of sophistication and the number of cyberattacks as well as the stricter requirements of regulatory agencies such as the EU’s General Information Protection Regulations (GDPR) and California Consumer Privacy Acts (CCPA) and Payment Card Industry Data Security Standard. Strong data security is important for many reasons, including protecting customers against identity theft, and ensuring that you meet legal and compliance requirements in specific fields or in a particular geographic area.