Data is among the most vital assets of an organization. Unfortunately attacks on data and cyber-attacks are increasing day by day and make a solid security plan for data more important than ever before. A solid data protection policy secures information from any unauthorized access. This could result in devastating consequences, such as costly recovery and forensics expenses loss of productivity, penalties for compliance, reputational damage, and permanent loss in the trust of customers.
A strong data security strategy includes best practices like encryption to safeguard sensitive data both in transit and at rest, user authentication authorization, authorization, and access management, as well as data resiliency to ensure content is accessible when it is needed. It is about detecting and monitoring threats to the integrity, confidentiality and availability of data.
Data security is a key component of identifying and categorizing information based on its sensitivity. This helps organizations make their security efforts more effective. Data with low sensitivity, for instance, can be shared publicly but high-sensitivity information is only accessible https://mydigitalbusinessblog.com/which-board-meeting-minutes-requirements-each-board-memeber-should-be-aware-of to a limited number of users to avoid the devastating consequences in the event that it’s lost or compromised.
Data security is a matter of concern for all organizations, no matter their size. This is particularly true given the increasing sophistication and number of cyberattacks as well as regulatory requirements like the EU’s General Protection Regulations (GDPR) and California Consumer Privacy Acts (CCPA) and Payment Card Industry Data Security Standard. In addition to protecting customers from identity theft, a strong data security is an essential aspect of meeting legal and compliance requirements within a specific field or geographical area and is usually required by local laws, whether state or national.