Data is the lifeblood of every business, allowing companies to function effectively and profitably. Businesses must balance the need to store a large amount of data, while also having the responsibility to safeguard and preserve private customer data. The GDPR in Europe and California’s CCPA are driving this point along with long-standing law like the Health Insurance Portability and Accountability Act and Securities and Exchange Commission rules which protect shareholders’ financial data and the Payment Card Industry Data Security Standard.
The first step to ensuring data security is to organize and protect all your data. This involves identifying and classifying data according to its sensitivity level, and determining access levels. It is also crucial to establish a procedure that safeguards data even when the data is in motion or in rest. Utilizing a solution to monitor and detect file activities and identify anomalous patterns can help you recognize www.travelozeal.com/virtual-data-room-secure-online-space suspicious activity, and swiftly identify weaknesses like out-of-date or misconfigured software.
A comprehensive backup and recovery plan that includes physical storage media is essential. Lastly, it’s important to implement appropriate security measures such as background checks on new hires, and regular training for employees who are already employed to ending employees who don’t require access to the critical systems. It’s also important to establish a recovery plan in case of a natural disaster or a man-made one.