Every business needs an effective data security strategy. Over the past year alone, 64% of companies worldwide faced some form of cyber attack, with an average cost of $4.24 million per breach — the highest ever recorded.
Modern enterprises must ensure that their systems can resist unauthorized access, stop data breaches and remain secure (while still accessible) for owners and users. Attacks from bad actors occurred less often in the past, but with the types of digital tools out today, your business could become a target if left not protected and exposed.
Costly breaches result from failures in data security, and that can hurt your company’s bottom line. Explore what data security is and how it can safeguard you and your clients’ stored information.
What Is Data Security?
Data security is the practice of protecting sensitive digital information from unwanted access, either in person or online. Device location, security software and organizational practices all contribute to good data security.
It is important to note that data security is distinct from data protection (backing up or copying stored data) and data privacy (the transparent and compliant use of client data). For cybersecurity teams, data security defines any protective measures that limit the negligent or malicious misuse of your collected information by attackers, employees or business rivals.
A comprehensive strategy involves three core principles known as the CIA Triad: confidentiality, integrity and availability.
Confidentiality
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