At a consumer level the majority of people want their personal information to be secure when it’s in the hands of a company. This is also true for the corporate level, where security of data is crucial in retaining customers as well as building trust with employees and other stakeholders.
Data security is the process of protecting digital data against destruction, theft and corruption throughout its lifespan. Data security encompasses everything from hardware, storage devices as well as software and user devices to access control and access control. It also includes ensuring that policies and procedures are in place to prevent data breaches.
Data safety is primarily achieved through encryption, data masking, and resilience. Secure encryption of sensitive information is a must for all stages, which includes storage, transit and use. It makes the content non-readable to any unauthorized parties. Data masking complements encryption by replacing sensitive digital data with fake information for reasons such as database administration, research and development software testing and user training.
Resiliency is about having backups and copies of critical data that can be restored quickly in the event of an incident or a breach. It also means removing physical storage devices such as external drives and USBs (and even printed documents and documentation) in a timely basis to prevent the data from being uncovered by hackers or being misused by.
Data security is a top priority for businesses because an incident that is well-publicized could cost them millions in costs for recovery and forensic. It could also lead to fines for compliance, and can result in lasting damage to their reputations and customer loyalty. It’s a legal requirement well, as the General Data Protection Regulation and California Consumer Privacy Act both require companies to secure their personal data.
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