The Importance of Data Protection
Data protection refers the process methods, practices and technology to ensure that data is accessible at any time, irrespective whether it’s corrupted or lost. This covers everything from data backups to solid-state drives and cloud storage and other forms of high availability. It also includes security measures that keep information from unauthorized users.
Data protection includes laws and regulations that regulate the collection, use and storage of personal data. GDPR is a prime example, which imposes penalties on non-compliance as well as sets the minimum standards that all member states must adhere to. GDPR compliance requires detailed documentation of the reasons and methods by which certain kinds of data are collected, including the names of the people who collected the data you could look here https://datachatroom.com/data-room-software-transforming-security-standards-for-modern-businesses/ as well as the purpose of each processing step. It also mandates that data be precise and not kept longer than necessary for each purpose, and that all personally identifying information is processed in a secure manner.
As the volume of data that businesses handle increases, so does the onus to protect it. Mishandled data may result in fines, reputational damage, as well as other financial costs. Moreover, 79% of customers say they trust companies more when they put a premium on data security and more than 80% would not do business with a firm that was the victim of a security breach.
It is possible to protect sensitive information without relying on technology, but the best practice is to secure all sensitive data prior to sharing. In addition, all physical devices and storage should be appropriately labeled and secured (e.g., external drives, USBs or printed files as well as documentation) to ensure their security or unauthorized access. When it comes time to dispose of information, ensure that it is completely erased from all systems and backups.
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