Online Data and Security is the layer that safeguards all of our personal data from unauthorized access. It covers everything from encryption of data to safeguarding a computer system from cyberattacks. It’s a vital element of our modern day economy and lives. As the global economy continues to grow the world, people are using social media, and as technology is advancing with advances in technology. A staggering volume of data is generated and transferred.
Data breaches are a frequent incident that can cause damage to businesses and individuals. The average cost to remediate a breach is $8 million, as per an Ponemon Institute report. The cost of lost trust and brand reputation could be higher.
To safeguard data, you must first discover the information and determine its degree of risk. This is done through the process of data discovery and classification. This involves sifting through your data repository to find sensitive information, then labeling it in order to determine who is able to access it and why.
The second step is to prevent data loss. This refers to the loss or leakage of sensitive information, typically due to an unsecure connection to a network. Firewalls are one method to accomplish this, but there are other simple and free tools on the market, such as password managers, VPNs and encrypted storage solutions. It is important to enforce strong passwords, and require multi-factor authentication on all of your services.
Finally, it’s important to have redundancy in place to prevent the loss of data from natural disasters or attacks to local servers. This can be accomplished by physical replication to a distant data center cloud, or by using software such as Acronis Cyber Protection.