Types of Data Safety Policies

Data is one of the most valuable assets of an organization. Unfortunately the number of data breaches and cyberattacks are increasing day-by-day, making a strong security plan for data more important than ever before. A robust data protection plan protects your data from unauthorized access. This could have devastating consequences, like costly recovery and forensics expenses as well as lost productivity and compliance fines, reputational damages and a permanent loss of customer trust.

A strong data policy will include best practices, such as encryption, which protects sensitive data during transport as well as at rest. It will also include authorization, authentication, user authentication and access management. It involves monitoring and detecting threats to the integrity, confidentiality and availability of data.

Data security is also important in identifying and categorizing data according to its sensitivity. This helps organizations prioritize their security efforts according to. Low-sensitivity data, like can be made available to the public however high-sensitivity data is restricted to a select group of users to avoid the devastating consequences in the event that it’s lost or compromised.

Security of data is a major concern for all companies, no matter their size. This is particularly true given the increasing level of sophistication and the number of cyberattacks and the regulatory requirements such as the EU’s basics General Information Protection Regulations (GDPR) and California Consumer Privacy Acts (CCPA) and Payment Card Industry Data Security Standard. In addition to protecting customers from identity theft, secure data security is an essential aspect of meeting legal and compliance requirements within a specific sector or geographical region and is usually mandated by local, state or national laws.

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