Why Should Organizations Implement Data Protection & Storage Solutions?
Every enterprise is responsible for the loss of confidential data and should take adequate steps to secure it efficiently. The Data Protection Act (DPA) has been enforced in a way to make sure that sensitive data under any circumstances do not fall prey to dangerous hackers thereby resulting in identity theft and other malicious activities. Developments in the internet technology have paved the path for the third party intruders to target corporate data with malware, spyware and phishing attacks. Therefore, it is not just sufficient to install a standard anti-virus program. Companies need to get proactive in implementing a comprehensive data protection solution that is offered today.
Any failure to manage the safety of confidential business data is taken as a serious offense today. It might also lead to persecution and claims for damages according to the DPA. The Information Commissioner's Office (ICO) has the complete authority for introducing heavy fines that might rise up to £500,000 for data thefts and security breaches of the Data Protection Act. Apart from this, it also impacts the company reputation and consumer goodwill which might take a long time to retrieve once compromised.
It is also essential to keep in mind that not all the data thefts are an outcome of an external attack devised by the hackers. There are further situations where the internal employees are engaged in faulty practices by misusing the confidential details. Also there are additional aspects like virus attacks, system malfunctioning and other natural calamities.
Keeping all these factors in mind, service providers specializing in information management system have come up with advanced data protection and storage solutions that function in the following ways:-
* Evaluates the company's data security requirements to arrive at an efficient data classification strategy.
* Sensitive data are evaluated depending on various aspects such as how it is shared and used, who owns it and many more. Depending on this analysis an organized data security framework is set up.
* Helps in implementing an advanced safety and data protection technology, such as data leakage prevention, digital rights management and other encryption processes
* Allows organizations to fine tune and optimize the technology implementation for reducing the KPI reporting's, false positives and implementing a robust incident and consequence management framework for ongoing vigilance.
Therefore, whether it is employee details, business development plans and other essential documents, data is an essential asset for every company. Other than brand erosion it also disturbs the daily workflow with essential data missing. Therefore, in order to stay safe from the negative impacts of data theft and misuse, it is important to invest in new age data storage and protection solutions.
Any failure to manage the safety of confidential business data is taken as a serious offense today. It might also lead to persecution and claims for damages according to the DPA. The Information Commissioner's Office (ICO) has the complete authority for introducing heavy fines that might rise up to £500,000 for data thefts and security breaches of the Data Protection Act. Apart from this, it also impacts the company reputation and consumer goodwill which might take a long time to retrieve once compromised.
It is also essential to keep in mind that not all the data thefts are an outcome of an external attack devised by the hackers. There are further situations where the internal employees are engaged in faulty practices by misusing the confidential details. Also there are additional aspects like virus attacks, system malfunctioning and other natural calamities.
Keeping all these factors in mind, service providers specializing in information management system have come up with advanced data protection and storage solutions that function in the following ways:-
* Evaluates the company's data security requirements to arrive at an efficient data classification strategy.
* Sensitive data are evaluated depending on various aspects such as how it is shared and used, who owns it and many more. Depending on this analysis an organized data security framework is set up.
* Helps in implementing an advanced safety and data protection technology, such as data leakage prevention, digital rights management and other encryption processes
* Allows organizations to fine tune and optimize the technology implementation for reducing the KPI reporting's, false positives and implementing a robust incident and consequence management framework for ongoing vigilance.
Therefore, whether it is employee details, business development plans and other essential documents, data is an essential asset for every company. Other than brand erosion it also disturbs the daily workflow with essential data missing. Therefore, in order to stay safe from the negative impacts of data theft and misuse, it is important to invest in new age data storage and protection solutions.