https://indexdataroom.blog/6-ways-to-improve-your-data-security-and-privacy-protection
The average business collects vast amounts of information about its customers and clients. This data is highly sensitive and should be protected against attack by hackers. It must also be protected against misuse and exploitation to make money.
To stop cyberattacks and data breaches, it is essential that businesses implement security measures for data such as authorization and encryption. This is also the reason it’s crucial that they adhere to global privacy regulations like GDPR and CCPA.
It’s important to recognize that data security and privacy are two different things. Data security is the process of safeguarding the data from unauthorised access. This includes insiders and hackers. Data security also safeguards against alteration and tampering. It also includes authentication methods like multi-factor authentication as well as encryption of data to prevent it from being stolen. It also encompasses safeguards like audit trails and automated policy enforcement.
Privacy is the control of access to personal information. It focuses on the rights of consumers and how companies use data. It includes guidelines for how data is collected, shared and used. Additionally, it requires companies to be transparent with their customers and users. It also provides ways to resolve issues when they arise.
These days, it’s nearly impossible for businesses to stay away from storing and collecting a large amount of user and consumer data. If this information is in the wrong hands, it could cause identity theft and loss of customer loyalty. It could even put the security of individuals and countries at risk, putting their lives in danger and their reputations at risk.