How safe is business data stored in third-party supplier websites?

How safe is business data stored in third-party supplier websites?

For any modern business, the data that they hold is among their most valuable assets. Whether it is data about customers or about the business itself, data is now integral to corporate strategizing. Playing fast and loose with your data security can have serious repercussions for your business.


If data about your business leaks into the public, then it will seriously undermine your reputation and will give people cause to hesitate before handing their data over to you.


It is inevitable that you will need to share your data with another business at some point, even if it’s only one of your suppliers. However, you should be selective about who you share your data with and aware of the associated risks.

Access Control


One of the most fundamental principles in data security is that of access control. Access control refers to limiting access to data based on system privileges. For example, password protection is a form of access control – the most common form, in fact. However, there are other approaches that can be taken to managing access.


When you entrust your data to a third party, you are entrusting them with managing access to that data. That means that if they have lax access control policies, there could potentially be a large number of people with access to your data. Simply password-protecting files isn’t enough either, proper access control has two components – authentication and authorisation.


Authentication is the process by which the data custodian verifies that someone is who they say they are. This process then needs to be combined with a parallel process and authorisation, which verifies that that user is authoris ..

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