Data is among your most valuable assets, offering insights simple avisos for making strategic decisions and building stronger partnerships with partners and customers. It can also be a liability in the event that you do not take the necessary steps to protect it.
Companies can lose millions of dollars because of data breaches. They can also damage the brand’s value, degrade confidence, and even lead to penalties from the regulatory authorities. While data breaches are inevitable, there are steps you can do to reduce the risk and protect your data from cybercriminals.
1. User authentication and authorization.
Data security requires an authentication and authorization procedure that is reliable to ensure only authorized people have access to your information. This can be accomplished by requiring that two or more forms are used to access your data, for example something the user knows (passwords and tokens) or something that he or is equipped with (electronics and other devices) or something that they actually possess (biometrics like fingerprints or face recognition).
2. Secure everything
Classified data is among the most sensitive information and disclosure without authorization could have the most devastating consequences for your business and/or affected individuals. To ensure the security of classified data, it should be protected by encryption always and protected by a decryption code that is only accessible to authorized personnel. The classifications should be re-evaluated regularly, and your team should develop guidelines for managing encryption keys to ensure that they are not compromised.
3. Reduce non-essential data access.
The majority of employees don’t require full access to the company’s data. This can help reduce the likelihood for a security breach, by cutting down the number of points of entry for potential threats. It can be recommended to limit access to the minimum data required for a job, and also to use user ID-based protocols to limit access to data even if usernames and passwords are stolen.