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The 6 essential methods of data protection solutions

 

Data protection solutions

Every year January 28 is celebrated as 'Data Privacy Day' as a reminder to safeguard our personal information, as the boundaries between our offline and online lives are becoming increasingly distorted. Consumers today want to interact with businesses that are more transparent about their cybersecurity policies, especially their transparency on measures to uphold data privacy andprotection. In light of recent events, this blog attempts to spread awareness of the 6 most important methods of data protection for businesses:

Risk assessment: The more sensitive the data, the more closely it should be guarded and the greater the technology investment. Businesses can assess the risk profile of their critical data and segregate it into high-risk and low-risk accordingly. This would enable efficient data processing based on two axes - breach probability and potential severity. A data protection officer can help a great deal in this regard. 

Encryption: Does your business deal in large volumes of mission-critical and personally identifiable information? Then encryption is a must-have. Make sure your measures are active every step of the way, including -

●             Acquisition (online cryptographic protocols)

●             Processing (full memory encryption) 

●             Subsequent Storage (RSA or AES)

Access control: Hiring cybersecurity consultants can help you devise an efficient data protection policy to enhance the performance of data protection tools. The consultants can designate methods, roles, and responsibilities by assigning privilege-based access to the company’s assets, network segments, and machinery, the consultants. 

Pseudonymization: This process works well primarily when larger data sets are involved across vast organizational levels. Data is stripped of sensitivity and replaced with random sequences or strings to act like decoys, reducing risk exposure. 

Backup: Ideal data protection solutions must ensure smooth and hassle-free backup of business-critical data. An important thing to note is that backups must be updated regularly and stored in a safe place that is closely guarded. Also, sensitive information must never be stored in the cloud. 

Destruction: Obsolete or old and inapplicable data must be immediately destroyed, especially if no obligations are left. This is also an effective method for risk reduction. However, such data in storage can be leveraged and modified for illicit purposes by rogue elements. 

Consider the above methods before opting for data protection packages to increase overall cyber security. 

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