At a level of the consumer, most people want their personal information to be protected when it’s in the hands https://mydigitalbusinessblog.com/which-board-meeting-minutes-requirements-each-board-memeber-should-be-aware-of of a company. This is a concern that extends to business world where data security is essential to build trust between employees customers, stakeholders, and employees.
Data safety involves safeguarding digital data from damage, corruption and theft throughout its life cycle. It covers everything from hardware and storage devices to software, user devices and access control. It also involves ensuring that policies and procedures are in place to avoid data breaches.
The most commonly used types of data safety include encryption, data masking, and resiliency. Encryption of sensitive information is essential for every stage, including storage, use and transit. It makes the data unreadable to unauthorized parties. Data masking can be used to complement encryption by replacing sensitive digital information with fake information for purposes such as database administration, research and development software testing, as well as user training.
Resiliency means having backups and copies for critical data that can be quickly restored in the event of an emergency or a breach. It also involves disposing of physical storage devices like external drives and USBs (and even printed documents and documentation) regularly on a regular basis to protect the data from being discovered by hackers or being misused by.
Data safety is a priority for businesses because a public data breach could cost companies millions of dollars in recovering and forensic costs as well as compliance fines and long-lasting damage to reputation and loyalty. It’s also a regulatory requirement in that the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act require companies to safeguard personal information.