How to Keep Data Secure

Data is your most valuable asset since it can provide insights for strategic decisions and helps you build stronger relationships with customers and partners. Data can also be a risk in the event that you do not take the necessary steps to safeguard it.

Companies could lose millions dollars as a result of data breaches. They can also harm brand image, diminish trust and lead to penalties from regulators. Data breaches are inevitable. However, there are ways to minimize the risk and safeguard yourself from cybercriminals.

1. Authenticate and authorize users.

Data security requires authentication and authorization process that is secure to ensure only authorized individuals have access to your information. This can be accomplished by using two or more types of identification to access your data, including something they know (passwords and security tokens) or possess (electronic devices and other hardware) or something they are (biometrics like fingerprints and face recognition).

2. Encrypt everything

The most sensitive data you can store is classified information. Unauthorized disclosure of classified information could have serious implications for your business or the people affected. To ensure the security of classified data, it must be secured at all times and protected with a decryption key which is only accessible to authorized personnel. Your team should review classifications and create a policy to manage encryption keys in order to protect them from being compromised.

3. Reduce non-essential data access.

Most employees do not need full access to the information of your company. This decreases the likelihood of a breach due to the fact that it limits the number of possible entry points that could be used by hackers. It’s an excellent idea to restrict access to the minimum amount of data needed for the job, and also to use user ID-based protocols to limit access to information even if passwords and usernames are stolen.

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