Data is among an organization’s most important assets. Unfortunately data breaches and cyberattacks are increasing day-by-day and make a solid security strategy for data more vital than ever. A solid data protection policy safeguards data from any unauthorized access. This could have devastating consequences, including costly forensics and recovery costs, lost productivity and reputational damage, compliance fines and a permanent loss of customer trust.
A solid data security plan includes best practices, such as encryption to protect sensitive data during transit and in rest, authentication of users, authorization, and access management, and resilience to ensure that content is available whenever it is needed. It also includes monitoring and detecting potential threats to the security, integrity, and availability of data.
Data security is also an essential element in identifying and classifying information according to its sensitivity. This allows organizations to focus their security efforts in a specific way. For instance, data with low sensitivity can be shared with the public, whereas high-sensitivity information must be made available to a select group of users to prevent any devastating consequences if it is damaged or destroyed.
Data security is a major concern for organizations of all sizes throughout the world due to the increasing variety and sophistication of cyberattacks as well as regulatory requirements like the EU’s General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA), and the Payment Card Industry Data Security Standard (PCI DSS). In addition, to protect customers from identity theft, a strong data security is an essential aspect of meeting legal and compliance requirements for a particular field or geographical area and is usually required by local laws, national or state laws.
http://www.mydigitalbusinessblog.com/data-room-for-performance