Data is one of the most crucial assets of any organization. Unfortunately the number of data breaches and cyberattacks increase day by day which makes a robust security strategy for data more crucial than ever. A solid policy for data security safeguards information against unauthorized access, which could cause devastating damage, including costly recovery and forensic costs, loss of productivity as well as penalties for compliance, reputational damage, and permanent loss of trust among customers.
A strong data policy will incorporate best practices, such as encryption, to safeguard sensitive data while in transit and in rest. It should also include authorization, authentication, user http://mydigitalbusinessblog.com/xbox-one-s-all-digital-edition-review/ authentication and access management. It also includes monitoring and detecting any potential threats to the security, integrity, and availability of data.
Recognizing and classifying data in accordance with its sensitivity is another key aspect of data security, and it helps organizations prioritize their security measures according. For instance, data with low sensitivity is able to be shared with the public, whereas high-sensitivity information should be restricted only to certain users to prevent any devastating implications if it’s compromised or destroyed.
Security of data is a major concern for all organizations, no matter their size. This is especially due to the ever-growing sophistication and number of cyberattacks and regulatory requirements like the EU’s General Data Protection Regulations (GDPR) and California Consumer Privacy Acts (CCPA) and Payment Card Industry Data Security Standard. Data security is vital for many reasons, such as protecting customers from identity theft, and ensuring that you meet the legal and regulatory requirements of the specific field or geographical area.