Data is among the most valuable assets that an organization has and is used to make decisions from to sales and marketing. It’s important for businesses to take steps to secure their data from hackers and other cyber attacks.
A data breach could have disastrous results, regardless of whether you’re the biggest corporation or the latest start-up. Customers could lose their business who don’t feel secure giving their personal details to you. Luckily, even small entrepreneurs can protect themselves from data breaches with the right security measures.
Begin by preparing a comprehensive listing of your company’s information assets and where it is situated. This will inform any preventative measure that you take.
It’s also important to classify your data according to its sensitivities. This will allow you to determine whether the data should be secured with the best level of security. This could include encryption at all times. Classification is an ongoing process and should be continually reevaluated when information changes or is updated. This will ensure any modifications are made according to the most recent classifications.
Data protection at rest, i.e. when it is stored on your system, is as important as data protection in motion. Ideally, your company will be able to track access to crucial data from any device and at any time. This will limit the risk of human error, which Verizon’s 2022 DBIR discovered was the root cause of 82% of data breaches.