Companies collect, store and use huge amounts of information. This data is valuable to the company and it is a potential target for hackers. It is essential to document business operations and communicate security policies clearly to employees and other people who have access to the data to ensure that any vulnerabilities can be fixed quickly and possible risks can be minimized.
Most of the time, the best way to protect sensitive data is to recognize it and then encryption is required from the beginning of its lifecycle within a system. This will reduce the risk of unauthorised access to personal information that could result in financial loss and reputational damage.
A backup system with redundancy can also help safeguard your data. This will ensure that crucial data is always available and reduce the risk of expensive downtime due to a natural disaster or human error.
Thirdly, you can secure the data of your employees by informing them about the importance of security protocols and keeping them informed about any changes to the corporate policy. It is also important to establish processes to monitor employee actions, to limit the number of people who have access data and make it as difficult as is possible for access to data that is not authorized to be gained. It is important to store sensitive data on physical media in a secure place that is easily restored in the event of a fire or flood.