Data Safety for Business

Cyberattacks and data breaches can cause significant disruptions to businesses, both internally and externally. They can result in loss of revenue due to unhappy customers, legal action by regulators, and reputational damage. It’s important to keep in mind that these threats are usually avoidable with the proper security measures in place.

In order to ensure the security of its data, a company must adhere to certain laws and regulations. They could be specific to a particular location, such as GDPR in the EU or industry-specific, such as HIPAA in the US However, they must be adhered to regardless of the size and extent of the company’s operations.

These rules and regulations cover for instance, encryption of sensitive data that is transmitted via public networks. They also protect the privacy of employees through background screening or checking references on job applicants. And they only collect data that is required for business processes. They also typically require encryption on devices like laptops and portable storage. They might even have rules that prohibit the use software not approved by their company since this increases the risk of data breaches and malware.

Additionally, companies need to be aware of the complete lifecycle their data and how it moves across the network. This can be accomplished with the help of data maps that can provide a timeline of how data came to the company as well as where it’s currently located and who has access to it. Data should only be collected for operational purposes and should not be kept longer than is necessary. This decreases the chance of data security breaches. Zero Trust architecture could be a useful method to help businesses combat security, since it imposes a principle that states you should never believe in any device or person until they have been verified.

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