Data theft is a major issue for businesses. Data stolen could be used to commit identity fraud, corporate espionage or government espionage, or even ransomware.
With big-name companies such as Uber and Tik Tok suffering from massive data breaches and the need to keep consumer information secure is at an all-time high. In a time when consumers are expected to provide their personal information when creating accounts, buying products online, or filling out tax forms, companies must ensure that the information they receive is safe from cybercriminals.
A company can make a range of adjustments to keep its data safe, from encrypting all of its information to creating an incident response plan for an incident. These strategies can be implemented across all aspects of a business, and the benefits can include less the risk of data theft, as well as enhanced operations for business.
Make sure that each employee is aware of the importance protecting the company’s data. This includes setting up strong password policies and making sure that the software you use is up-to-date to the latest version. Many hacking attacks are based on outdated systems, therefore regular updates to your software is an easy method to stop these vulnerabilities from being exploited.
2. Secure all your data at rest and during use.
Encryption can be a powerful weapon against data breaches. All businesses should adopt policies that require encryption of all data both in transit and when it is in rest. This can be accomplished by encrypting every data transfer on the network or by using encrypted tunnels like VPNs.