Online Data and Security is the layer that safeguards all of our personal information from unauthorised access. It includes everything from encrypting data to securing computers from cyberattacks. It’s a crucial aspect of modern day economics and our everyday lives. There’s an incredible amount of data being generated and transmitted as the world economy is churning as people use social media, and our life keeps up with the latest technology.
Data breaches are common and can result in damage to both individuals and businesses. According to an Ponemon Institute study, the average cost to fix breaches is around $8 million. The cost of lost brand value and trust can be greater.
To protect data you must first locate the information and determine its degree of risk. This is done by a process called data discovery and classification. This involves scanning your data repository to find sensitive information, then labeling it so that you can determine who has access to it and the reason for this.
The second is to avoid data leakage which is the theft or leakage of sensitive data typically through a weak network connection. There are many free and easy to use tools available, such as password managers, VPNs, and encrypted storage solutions. It is essential to use strong passwords and also require multi-factor authentication on all of your services.
It’s also crucial to ensure that you have redundant storage for your data in case of natural disasters or attacks on local servers. This http://dataroomfactory.com/data-rooms-can-accelerate-deal-closing-but-effective-collaboration-is-a-much-more-effective/ can be achieved by physical replication to distant data centers cloud, software or cloud like Acronis Cyber Protection.