Data is one of the most valuable assets of an organization. Data breaches and cyber attacks continue to rise, making a solid security plan for data crucial than ever. A robust data protection plan secures information from unauthorized access. This could have devastating consequences, like costly recovery and forensics costs lost productivity, compliance fines, reputational damages and permanent loss of the trust of customers.
A strong data policy will include best practices, like encryption, to safeguard sensitive data in transit and in rest. It will also include authorization, authentication, user authentication and access management. It also involves monitoring and detecting my digital business blog potential threats to the integrity, confidentiality and availability of information.
Data security is a key component of identifying and classifying information according to its sensitivity. This allows organizations to make their security efforts more effective. Low-sensitivity data, like can be made available to the public, while high-sensitivity information is restricted to a restricted group of users in order to avoid devastating consequences if it’s stolen or destroyed.
Data security is a significant concern for organizations of all sizes throughout the world, especially given the growing number and sophistication of cyberattacks as well as regulatory requirements like the EU’s General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA), and the Payment Card Industry Data Security Standard (PCI DSS). In addition, to protect customers from identity theft, a strong data security is an essential part of meeting legal and compliance requirements in a specific field or geographical area and is typically required by local laws, whether state or national.