Cyberattacks and breaches of data can cause significant disruptions to business operations, both internally and externally. They can cause loss of revenue from dissatisfied customers, legal action by regulatory agencies and reputational damage. It is important to keep in mind that many of these threats are preventable with the proper security measures.
In order to ensure the security of its data, a business must adhere to certain laws and regulations. These laws and regulations may be specific to a specific location, such as GDPR in the EU, or to certain industries, like HIPAA in the US. However, they must be present regardless of the size or extent of an organization’s operations.
These rules and regulations comprise, for example, encrypting sensitive information sent via public networks. They also protect the privacy of employees with background checks or checking references on job applicants. They only collect information that is required for business processes. They also typically require the use of encryption on laptops or portable storage devices. They may also include a policy prohibiting the use of software that is not approved by the company, since this can increase the risk of malware and data breaches.
Furthermore, companies must understand the full lifecycle of their data as well as how it moves throughout the network. Data maps can help in this regard. It can reveal where the data is situated and who has access. Data should only be gathered for use in operations and should not be kept longer than is necessary. This helps reduce the risk of data breach. Zero Trust architecture is beneficial to help businesses combat security, since it enforces a rule that states that you shouldn’t believe in any device or person before they are verified.