Data theft is one of the most pressing concerns for companies. Data stolen from a computer can be used for identity fraud, corporate espionage or spying by the government, and even ransomware.

With big-name companies such as Uber and Tik Tok suffering from massive data breaches and the importance of keeping consumer information secure is at an all-time high. In a world where consumers expect to enter their personal details when protect business data they sign up for an account, making purchases online, or completing tax forms, businesses need to make sure that the data they collect is secure from cybercriminals.

Businesses can take a range of steps to ensure security of their data, ranging from encryption of data to developing an incident response plan. These strategies can be put into place across all aspects of a business and the results could include reduced chance of data theft and improved efficiency of business operations.

1. Develop and enforce strict security standards.

Every employee should be aware of how crucial it is to safeguard the company’s data. This includes creating strong password policies, and updating all software to the latest version. Many attacks on hackers are based on outdated systems, so regular updates to your software is an easy way to avoid these vulnerabilities from being exploited.

2. All of your data should be encrypted in use and at rest.

It can be a very effective weapon in the fight against data breaches. All businesses should have policies that protect all data while in transit and in rest. This can be accomplished by encrypting data on the network, or using encrypted tunnels, such as VPNs.