Data Security Best Practices

Whether it’s sensitive personal information or financial information or intellectual property security of data is crucial for every business. A single data breach can damage a brand’s reputation, cause a loss of customer loyalty and could result in regulatory fines, litigation, and cost of recovery.

To protect against the wide range of threats, organizations should be focusing on best practices that include data classification monitoring, auditing and monitoring and encrypting data as it goes back and between databases and employee devices. Authentication, one of the key technologies to block unauthorized access is also vital. To ensure that it functions correctly, companies should implement multifactor authentication. It is also possible to consider options using cryptographic techniques and tokens or biometrics.

Another method to minimize the risk is by educating employees about the importance of observing security guidelines. For instance, it’s essential to educate employees on how to lock their laptops while away from work, and to not click on links in unsolicited emails and to ensure that passwords are unique and complex.

Finally, having a robust backup plan for data is crucial. This can reduce the effects of uncontrollable events, such as power failures or natural disasters which can cause the destruction of servers and the data they hold. This is particularly important for businesses that are subject to compliance standards such as HIPAA in the US for healthcare providers or PCI in Canada for businesses processing credit cards payments. It also helps reduce the impact of data breaches by offering an easy and speedy method to retrieve lost or damaged data.

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