Data is crucial to any business. It helps it perform efficiently and profitably. Businesses must strike a balance between the need to collect a lot of data, while also having the responsibility to secure and protect customer data. The GDPR in Europe and California’s CCPA are driving this concern as are many long-standing laws such as the Health Insurance Portability and Accountability Act and Securities and Exchange Commission rules which protect financial information of shareholders and the Payment Card Industry Data Security Standard.

To ensure the security of your data the first step is to categorize all your data and secure it. This involves identifying and classifying data according to its sensitivity and determining access levels. It is also crucial to establish a procedure that protects your data even when it is in motion or at rest. Using a solution which can monitor and detect data activity and detect suspicious patterns can help you spot suspicious activity and quickly spot and mitigate vulnerabilities, including out-of-date software and misconfigurations.

Then, a comprehensive plan for recovery and backup that includes physical storage media is crucial. Not to be left out it is crucial to ensure that you have a solid system of security, from background checks for new hires and regular training for current employees, to terminating employees who no longer require access to critical systems. It’s also essential to develop a recovery plan in case of the occurrence of a natural catastrophe or a man-made one.

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