Data Protecting for Enterprises

Data is the lifeblood of every business, allowing businesses to function efficiently and profitably. Businesses must balance the requirement to have a lot of data, while also having the responsibility to safeguard and preserve private customer data. The latter is influenced by the new and constantly evolving privacy laws like the GDPR in Europe and California’s CCPA, as well as old-fashioned laws such as the Health Insurance Portability and Accountability Act (HIPAA), Securities and Exchange Commission rules for protecting financial information of shareholders, as well as the Payment Card Industry Data Security Standard for data about consumer payments.

To ensure data protection, the first step is to catalog all your data and secure it. This includes identifying and classifying data according to its sensitivity level, and determining access levels. It is essential to establish policies to safeguard data whether it’s in transit or in a state of rest. Utilizing a solution to monitor and detect activities in the file and detect suspicious patterns will help you spot suspicious activity, and swiftly identify and eliminate vulnerabilities that could be a result of outdated or incompatible software.

Then, a comprehensive plan for recovery and backup that includes physical storage media is vital. And lastly, it is important to implement meaningful measures of security, ranging from background checks for potential hires and regular training for current employees, as well as terminating employees that no longer require access to vital systems. It’s also essential to develop a plan of recovery in the event of a natural disaster or a man-made one.

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