5 Best Ways To Protect Your Company’s Data?
A data breach event could be a disaster for any company, be it small or large. It could result in sensitive data loss, monetary losses as well as tarnished reputation. However, you can take a few simple yet very effective steps to easily protect your company’s data. Read along to learn more.
Perform A Thorough Risk Analysis of Your Business From Security’s Point of View
Risk analysis with security as the main focus allows you to pinpoint specific risks to which your company is exposed. It allows you to concentrate your resources to patch up any security flaws and help mitigate threats to your company’s data. Risk Analysis takes into account everything in detail, including the software and hardware tools most used. Depending upon the risk analysis, strengthen the security measures as required. Also, collaborate with your supplier of IT products to develop an IT security plan tailored to your company’s needs while at the same time being effective and easy to follow.
Know Where Your Company’s Data is, and it’s Transferred From One Storage Point To Other
Having a clear picture of what data you have and where it is stored is one critical step towards planning and applying effective security measures. Pinpointing the data flow and the path it traverses helps companies accurately determine the vulnerable points and take the required actions to nullify any risks. One way is to use data discovery tools to scan a company’s network and discover possible weak points.
Train Your Employees To Be Aware of Security Threats And Comply With Company’s Security Policies
The human factor is usually the weakest link in the security chain; therefore, it’s critical that your employees fully understand the importance of security and data protection protocols. Experts point out that the most common and devastating IT security problems are due to human errors. Employees’ neglect and ignorance are responsible for almost half of the data breach events. Therefore, companies should implement a specific staff training program to educate employees on how to handle the precious asset they deal with and, therefore, manage it as safely as possible.
Use Encryption and Two-Factor Authentication
Breaches are all too common, and most of them are avoidable. A simple step like encrypting confidential documents can prevent most data breaches. With encryption, even if a customer’s data or a highly confidential document falls into the wrong hands, the information won’t be accessible. That’s the reason encryption has become a critical part of any security protocol. Encrypted Hard drives, USBs, and data encrypted before it’s sent to the cloud could potentially safeguard your company’s data and prevent unauthorized access.
Create Effective Strategies to Lower The Damage of Data Breach
Hackers are always on the lookout for new and sophisticated ways to breach the security shield of the company. Even with all the security awareness and stringent measures, it’s possible that hackers may get their hands on sensitive data. In such a scenario, your company should have an effective policy to mitigate the damage and prevent further breaches.