Cyber attacks and data breaches can cause major disruptions to business internally and externally. They can cause the loss of revenue from dissatisfied customers, legal action by regulatory agencies, and reputational damage. However, it’s important to be aware that these risks are usually preventable with appropriate security measures in place.
To protect its data, businesses must adhere to certain laws and regulations. These laws and regulations can be specific to a specific region, such as GDPR in the EU or a particular industry, like HIPAA in the United States. But they must be enforced regardless of the size or extent of an organization’s operations.
These regulations and rules include encryption of sensitive data transmitted over public networks. They also ensure the privacy of employees with background checks or checking references of job applicants. They only collect information that is necessary to business processes. These rules and regulations typically require encryption on devices like laptops or portable storage. They may also include an obligation to not use software not approved by their company since this increases the risk of malware and data breaches.
Furthermore, companies need to understand the entire lifecycle of data, and the way it moves through the network. A data map can assist in this regard. It can show the location where data is situated and who has access. It is also important to only collect data that is needed to fulfill the purpose of the business and not to keep it longer than it is required, since this decreases the risk of the possibility of a data breach. Zero Trust architecture could be a useful method to help businesses combat cybersecurity because it enforces a principle that you should not consider a device or user until they are checked.