A successful cyberattack that exposes confidential data is one of the worst disasters a company can face. The financial costs of data breaches can be enormous, and it’s estimated that 60 percent of small businesses fail within a few months of being attacked.
Tips for Data Security to Protect Your Company’s Data
1. Only connect the information that is absolutely necessary
Big data can be extremely useful for customer insights and tracking, but you must consider what criminals might do with that information. With this in mind, it’s critical to collect only the most critical customer information while respecting consumers’ privacy.
Allowing customers to opt-in to their data is one good way.
2. Having weak passwords and account security
Persuaded to divulge account information (for money or through social engineering).
There are numerous other ways employee accounts can be compromised, but the important thing is that employee network privileges be restricted to minimize damage.
3. Delete Old Data Frequently
There is very little reason for businesses to keep old data and allow data to pass through its lifecycle. Consider it a room full of cardboard boxes containing customer information. With the flick of a match, the entire room is transformed into a raging inferno. Limiting the amount of data your company stores is one way to prevent access to company and customer data.
4. Physically Secure All Devices
Hacks do not only occur on the internet, as depicted in movies where a hacker pounds code onto a screen to gain access to a system. Physical breaches and social engineering are common starting points for data breaches. An employee leaving their password taped to their desk or server machines that are not properly locked.
You should also limit BYOD (bring your own device) policies. As much as employees enjoy using their own devices at work, connecting an employee’s laptop running outdated software to the company network poses a security risk. Call Cegura Technologies to know more about how to secure your company data.
