The Importance of Data Security and Privacy Protection

With the increasing focus on data breaches and cyberattacks businesses are recognizing that an essential aspect of risk analysis is making sure that they have the right controls in place to protect their most valuable assets. Security measures like encryption, firewalls, and authentication are included, but so are guidelines that govern the use, storage, and sharing of information.

Data privacy is one of the areas of control. This means making sure that personal information is only collected only when it is required and that companies do not share or store this data with unauthorized third parties. It also means providing users with clear, simple-to-understand guidelines regarding how their personal data is being used, and providing them with the option to opt-out from those applications. It also requires compliance with a variety of data privacy regulations that include GDPR, CCPA, and HIPAA.

Modern workplaces are impacted by remote access, wireless, bring your own device as well as smart devices and internet of things technology. These technologies require robust access controls and careful infrastructure management, as well knowing the laws at the local, provincial, state or national level.

You are at risk of a costly breach, which could affect your reputation and lead to the loss of customers, and could result in fines or lawsuits. Also, you risk that you’ll lose crucial data that can help you develop new products and services to offer your customers. In essence the importance of privacy and data security protection cannot be overemphasized.

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