Smart Investments and Strong Data Security

Vrijeme čitanja:1 min, 28 sec

You might think of stocks, real estate or the most recent tech startups when you think of smart investments. However, there is another kind of investment that pays both in the short and long term: cybersecurity. This investment is crucial to protect businesses from costly cyberattacks as well as helps them avoid expensive penalties and loss of trust from customers.

As digital transformation transforms business operations, businesses are creating, modifying and storing an ever-growing amount of data that must be managed effectively across complex computing environments. These environments are regularly spanning cloud, enterprise data centers and numerous connected devices like Internet of Things sensors and robots. This increased complexity creates an greater attack surface, which makes crucial information more susceptible to being hacked and lost.

In addition to the financial costs Data breaches can also harm the reputation of a company and cause long-term losses in sales. A recent study revealed that the average cost of a data breach is around $4 million – an impact that is difficult for any organization to take on. In addition, regulations such as the California Consumer Privacy Act and the General Data Protection Regulation impose harsh penalties on companies who don’t meet strict security standards.

In today’s booming economy an effective cybersecurity posture is vital to growth. A one pound of prevention is worth a pound cure, and it’s more economical to invest in preventative measures instead of the cost of cleaning up and recovering following an incident. By implementing the proper tools and technologies, companies can ensure that their data is secure while in transit, at rest and in between by implementing encryption, paying attention to the human firewall and conducting regular deep checks.

here, we discuss data room security measures to protect sensitive information