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The Importance of Data Security and Privacy Protection

As companies embrace remote access, bring-your-own-device (BYOD), the Internet of Things and other technologies, it becomes increasingly hard to keep data private. Data storage and management requires a secure infrastructure, security controls, monitoring, and policies that are well-thought-out. Enterprises could also have to comply with a variety of privacy laws at various levels, including those set by industry, government and the region. This can make data privacy challenging, and requires a regular risk assessment and updates.

Data www.indexdataroom.blog/virtual-data-room-comparison-for-companies-security/ privacy lets individuals have control over the way their personal data is stored, collected and used. It helps companies establish trust, adhere to ethical practices and encourage forward while preserving the individual’s autonomy. Data privacy is essential for protecting personal information, building trust and complying with laws, regulations and business continuity.

Data security is the process of securing sensitive data from insecure access, theft or loss throughout its entire lifecycle. It involves processes and practices such as encryption, hashing, and tokenization to safeguard data in motion and at rest. It also involves authentication processes and authorizations that validate the identity of an individual to determine if they are authorized to access data. Multi-factor authentication for instance it can ensure that only authorized individuals are able to access sensitive data. Encryption can also prevent threat actors from reading confidential files by making them unreadable. This can lower the likelihood of a security breach and help prevent damage to intellectual property, confidential communications or adversely impact data analytics. Many companies underestimate the importance of data security’s complexity and do not put enough resources in it, despite its importance.

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