Data is one of the most valuable assets of an organization. Unfortunately attacks on data and cyber-attacks are growing day by day which makes a robust security strategy for data more vital than ever. A strong data security policy safeguards information against unauthorized access, which could cause devastating damage, including costly recovery and forensic costs, loss of productivity as well as reputational damage, compliance fines, and a permanent loss of trust from customers.

A robust data policy will incorporate best practices, like encryption, which protects sensitive data in transit and in rest. It should also include authorization, authentication, user authentication and access management. It involves monitoring and detecting threats to the confidentiality, integrity and availability of data.

Recognizing and classifying data according to its sensitivity is another crucial aspect of data security and it helps organizations prioritize their security measures according. Low-sensitivity data, like can be shared with the public but high-sensitivity information is restricted to a small number of users to avoid the devastating consequences in the event it’s stolen or destroyed.

Security of data is a major concern for all organizations regardless of size. This is particularly true given the increasing level of sophistication and the number of cyberattacks as well as the stricter requirements of regulatory agencies such as the EU’s General Data Protection Regulations (GDPR), California Consumer Privacy Acts (CCPA) and Payment Card Industry Data Security Standard. In addition to safeguarding customers from identity theft, secure data security is a vital element of meeting legal and compliance requirements in a specific geographic area or field and is often mandated by local laws, state or national legislation.

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