Data is among the most crucial assets of any organization. Unfortunately, cyberattacks and data breaches are increasing day by day which makes a robust security strategy for data more crucial than ever before. A strong data protection strategy protects information from any unauthorized access. This could have devastating consequences, such as costly forensics and recovery costs as well as lost productivity and reputational damage, compliance fines and a permanent loss in customer trust.

A robust data policy will incorporate best practices, for example encryption, to protect sensitive data during transport and in storage. It will also include user authentication, authorization and access management. It also involves the monitoring of potential threats to the integrity, confidentiality and availability of data.

Identifying and classifying information by its sensitivity is another key aspect of data security, and it assists organizations in deciding their security measures accordingly. For instance, data that is low-sensitivity can be shared with the public, while high-sensitivity information should be restricted to specific users in order to avoid catastrophic consequences if it is compromised or destroyed.

Data security is a concern for all businesses, no matter their size. This is especially relevant in light of the growing amount of cyberattacks and their sophistication and regulatory requirements like the EU’s General Data Protection Regulations (GDPR) as well as the California Consumer Privacy Acts (CCPA) and Payment Card Industry Data Security Standard. In addition, to protect customers from identity theft data security is an essential aspect of meeting legal and compliance requirements within a specific region or area of the world and is usually required by local laws, whether state or national.

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