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How to Keep Data Secure

Data is your most valuable asset as it provides insights for strategic decisions and helps you establish stronger relationships with your customers and partners. It could also be a risk if you fail to take the necessary steps to protect it.

Companies can lose millions of dollars because of data breaches. They can also affect the brand’s image, undermine confidence, and even lead to sanctions from regulators. Data breaches are inevitable. However there are ways to mitigate the threat and protect yourself against cybercriminals.

1. Authenticate and authorize users to authenticate and authorize.

Data security requires an authentication protect business data and authorization process that is secure to ensure only authorized individuals have access to your information. This can be achieved by using two or more types of identification to access your information, such as something they are familiar with (passwords and security tokens) or have (electronic devices and other hardware) or even something they’re (biometrics like fingerprints and face recognition).

2. Encrypt everything.

Classified data is the most sensitive information, and its unauthorized disclosure could have the most devastating consequences for your business as well as affected individuals. To safeguard classified information, it should always be secured and encrypted with a decryption code that is only available to authorized personnel. Your team should be able to periodically review classifications and establish a procedure to manage encryption keys to protect them from being compromised.

3. Reduce non-essential data access.

Most employees do not need full access to the data of your company. This decreases the chance of a breach as it reduces the number of possible entry points for hackers. It is best for users to have access to the data they need to do their job.