Data Security: 5 Best Data Practices for Businesses in 2022
Data security is far more essential to businesses today than ever. Do you know that there were more than 500 million cyberattacks in 2021 alone? Most of these attacks caused data loss, reputational damage, and data breaches. Cyberattacks are on the rise, and because of this, businesses need to invest more in data security. To begin your journey into improved data security, you need to know the best data practices for businesses in 2022. Continue reading to see our top five practices that you can employ at your firm. Best Data Practices for Businesses in 2022 Regardless of the size of your business, you must take data security very seriously in 2022 and the years that follow. Here are some of the best data practices you should consider adopting: Develop a strong data security policy An Insight and IDG research recently revealed that about 78% of top-level companies don’t have confidence in their company’s security posture. You should work with your IT team to develop a strong data security policy. To get started, answer the following questions: What kind of recovery and backup measures does your company have in place? Where is your company most at risk of a data breach? What is your incident response strategy should you experience a data breach? Where do you store your data and what kind of protection would be best? What compliance and privacy regulations do you need to follow? How do you dispose of unneeded data? Your company should be in a better position once you can answer these questions and implement the necessary changes. Defend your network One of the biggest concerns for business owners, whether network http://www.adeptengr.com/wp-content/uploads/2022/04/service-sec1-6.jpgistrators or CIOs, is network security. There is always a small issue of defending your network and the data that you store on your computers, connected devices, and corporate servers. You should deploy standard defense lines to protect both your perimeter and data endpoint. Firewalls help to protect your computer software and hardware. They filter network traffic to block outsiders from attaining unauthorized access to sensitive data. You should also install server-based antivirus software to help your company monitor data threats. Ensure that you update your network defenses often. Switch on MFA MFA is Multi-factor Authentication and it is available on different apps these days. Switch on this feature to protect your sensitive business data. One of the biggest threats to businesses is business email compromise. You can counter this by enabling MFA. Encrypt data With the exponential increase in cybersecurity breaches, encrypting data has become necessary. This process encodes your information by converting it to ciphertext. With this, it is almost impossible for unauthorized users to gain access. An easy way to encrypt your data is to use software that encrypts plaintext automatically. Employee security training Adopting all the best practices mentioned above without commensurate employee security training still amounts to failure. You must train your employees on the latest data security measures and policies. Show them how to protect data and mitigate potential threats. Let’s Help You Data security for business has become a big deal in 2022. This post has shown you the five best data practices you should adopt in 2022. Don’t know where to start? Adept Consulting can help you out. Speak to one of our consultants today to get started.
Importance of Data Security: 5 Reasons Why Your Business Should Invest in Data Security
The importance of data security cannot be overemphasized considering the high rate of data breaches and cyberattacks these days. Technology is growing at a very fast pace and while this is great, it is increasing the vulnerability of businesses. Over the last few years, there has been a massive increase in data security threats. Every business owner needs to invest in data security to avoid security breaches. This post will show you five reasons why your business should invest in data security. Alarming Cybersecurity Statistics you Should Know Before we discuss why you should invest in data security, let’s check out some alarming cybersecurity statistics. These statistics will further buttress the importance of data security to your business. Only about 5% of company folders are well protected. About 78% of company executives lack confidence in the cybersecurity posture of their companies. Cybercrime will cost about $10.5 trillion globally every year from 2025. On average, the cost of data breaches in the US has hit $8.64 million, which is an all-time high. From these statistics, you can see some reasons why you need to focus more on data security. The next section will beam light on the important reasons why every business should invest in data security. Reasons Why Your Business Should Invest in Data Security Here are five important reasons why you should invest in data security: Prevent data breaches It is no secret that data breaches can damage your business reputation. Because of this, firms must protect their data by implementing strong security measures. This principle is so important that privacy has become a key aspect of legal business requirements. Every organization must work on reducing how many security incidents can lead to privacy breaches. This way, they can avoid losing the trust of their customers and trade partners. Also, they do not have to face civil suits or penalties that result from data breaches. Build customer loyalty When businesses experience data breaches or data loss, it has ripple negative effects on their brand. One such effect is losing valuable clients. Customers can only remain loyal to companies that ensure that their sensitive data is protected. Invest in data security so that you can assure your customers of the security of their personal information. Doing this helps them build trust in your brand and motivates them to increase their investment. Save money and time According to experts, you spend at least seven months analyzing and identifying cyberattacks when they occur. You would also spend thousands of dollars on upgrading your systems or replacing them completely. This is a perfect case of “prevention is better than cure.” Why go through all the stress when you can invest in data security now? Satisfy compliance requirements Investing in data security ensures that your business satisfies specific compliance requirements. Without this, you can face several issues including paying large fines, and several years in jail. Asides from this, you can also lose valuable business relationships if you don’t comply with contractual privacy protection requirements. Prevent losses Data breaches can cause your firm to lose critical client information and financial transaction data. This puts your business relationships at stake making you lose significant contracts. You can prevent all these losses by investing in data security. Why Wait Any Longer? Data security has become an essential aspect of running a business in today’s fast-paced world. This post has shown you five important reasons why you should invest in data security at your business. Want to get started? Reach out to Adept Consulting today.
Data Security: 5 Best Data Practices for Businesses in 2022
Data security is far more essential to businesses today than ever. Do you know that there were more than 500 million cyberattacks in 2021 alone? Most of these attacks caused data loss, reputational damage, and data breaches. Cyberattacks are on the rise, and because of this, businesses need to invest more in data security. To begin your journey into improved data security, you need to know the best data practices for businesses in 2022. Continue reading to see our top five practices that you can employ at your firm. Best Data Practices for Businesses in 2022 Regardless of the size of your business, you must take data security very seriously in 2022 and the years that follow. Here are some of the best data practices you should consider adopting: Develop a strong data security policy An Insight and IDG research recently revealed that about 78% of top-level companies don’t have confidence in their company’s security posture. You should work with your IT team to develop a strong data security policy. To get started, answer the following questions: What kind of recovery and backup measures does your company have in place? Where is your company most at risk of a data breach? What is your incident response strategy should you experience a data breach? Where do you store your data and what kind of protection would be best? What compliance and privacy regulations do you need to follow? How do you dispose of unneeded data? Your company should be in a better position once you can answer these questions and implement the necessary changes. Defend your network One of the biggest concerns for business owners, whether network http://www.adeptengr.com/wp-content/uploads/2022/04/service-sec1-6.jpgistrators or CIOs, is network security. There is always a small issue of defending your network and the data that you store on your computers, connected devices, and corporate servers. You should deploy standard defense lines to protect both your perimeter and data endpoint. Firewalls help to protect your computer software and hardware. They filter network traffic to block outsiders from attaining unauthorized access to sensitive data. You should also install server-based antivirus software to help your company monitor data threats. Ensure that you update your network defenses often. Switch on MFA MFA is Multi-factor Authentication and it is available on different apps these days. Switch on this feature to protect your sensitive business data. One of the biggest threats to businesses is business email compromise. You can counter this by enabling MFA. Encrypt data With the exponential increase in cybersecurity breaches, encrypting data has become necessary. This process encodes your information by converting it to ciphertext. With this, it is almost impossible for unauthorized users to gain access. An easy way to encrypt your data is to use software that encrypts plaintext automatically. Employee security training Adopting all the best practices mentioned above without commensurate employee security training still amounts to failure. You must train your employees on the latest data security measures and policies. Show them how to protect data and mitigate potential threats. Let’s Help You Data security for business has become a big deal in 2022. This post has shown you the five best data practices you should adopt in 2022. Don’t know where to start? Adept Consulting can help you out. Speak to one of our consultants today to get started.