Data theft is a major concern for companies. Stolen data can be used to commit identity fraud, corporate espionage, government espionage, or even ransomware.
With major companies such as Uber and Tik Tok suffering from massive data breaches, the importance of keeping the security of consumer data is at an all-time high. In a time when customers are expected to provide their personal details when they sign up for an account, buying products online, or filling out tax forms, businesses must make sure that the data they collect is secure from cybercriminals.
A business can make a variety of changes to keep its data secure, ranging from encrypting all of its information to creating an incident response plan for an incident. These strategies can be utilized throughout the organization and reduce the chance of data theft.
1. Create and implement strict security standards.
Make sure that every employee knows how crucial it is to safeguard company data. This includes creating strong password policies and upgrading all software to the latest version. Make sure to update your software regularly to prevent these weaknesses. Many attacks on hackers are based on an outdated system.
2. Secure your data both in use and at rest.
The use of encryption is a powerful tool in the fight against data breaches. All companies should implement policies to secure all data, both in transit and when it is at rest. This can be done by encrypting all data stored on the network or by using encrypted tunnels like VPNs.