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The Importance of Data Security and Privacy Protection Leave a comment
With the increasing focus on security breaches and cyberattacks companies are realizing that an essential aspect of risk assessment is making sure that they have the appropriate security measures in place to safeguard their most valuable assets. Security measures like encryption, firewalls and authentication are part of the equation along with guidelines that control the use, storage and sharing of data.
Data privacy covers these areas of control, including ensuring that personal data is only used for the purpose for which it’s needed and that companies do not store or share data with untrusted parties. It also means providing users with clear, understandable policies on how their personal information is used, and offering them the ability to opt-out of these use. It also requires compliance to the various regulations regarding privacy of data including GDPR, CCPA and HIPAA.
Wireless, remote access Bring Your Own Device smart devices and Internet of Things technologies make it difficult for businesses to operate in the modern world. These technologies require robust access controls and a careful management of infrastructure, as knowing the regulations at the local level, state, province or country level.
You risk a costly breach, which could negatively impact your reputation and lead to the loss of customers, and lead to fines or lawsuits. You also risk that you’ll lose crucial data that can help you create innovative products and services for your customers. The importance of protecting your data and security cannot be overstated.