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Pegas Technology Solutions

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Business Data Protection: Why it’s Critical and How it Works

Business Data Protection: Why it’s Critical and How it Works

Data is a hot commodity in today’s business world. You may not have paused to consider it, but a business like yours possesses data that can reveal company secrets and financial information or fundamentally change the landscape of an industry or move the market in a major way. For those reasons, it is critical for business owners to think about how well their business data is being protected. The data that belongs to your business is always under attack. At least, you should always treat the situation as if that were the case. The moment you stop thinking in those terms might be the moment when your data becomes vulnerable to someone looking to illegally acquire your company’s information.

Isolating Computers

Sensitive company information should be isolated to a computer that is not directly accessible by the company’s broader virtual private network (VPN). This computer should also have very limited access. You should only grant access to those employees that are trusted to have such clearance. Furthermore, isolated computers that have access to sensitive company data should be monitored by a camera to observe who is using the isolated computer and for what purposes. Remember that your company’s sensitive data is always more easily stolen by an employee working on the inside than by a hacker working from the outside. Employees with high-level clearance and passwords that can be used to access sensitive data are sometimes found to be the weakest links in modern data-security measures. To ignore the reality of this fact is to be reckless with your company’s important data.

Relevant: Evocative

Passwords May Not Be Enough

Many business owners falsely imagine that simply protecting their company’s data behind a password is enough to keep their sensitive information safe. Yet, the majority of business networks hacked into today have sophisticated password-authentication procedures. This simple fact suggests that password protection, although important, is not enough to keep truly savvy hackers out of your system. In fact, your system should be more concerned about someone who gets in with a password than someone who cannot move beyond a password checkpoint. Passwords can be stolen from and compromised by employees. So, it is critical for your system to interrogate users with secondary layers of data protection to determine if the employee trying to access your network should actually be doing so. This not only tells you which user’s account is being used to gain access to your network, but it also helps to construct an understanding of what kind of information they are trying to access. If nefarious activity is suspected by your system, then it can lock out that user’s terminal and send alerts to the people who need to know a data breach may be in progress.

Relevant: SC Media

Protecting Your Company’s Reputation and Brand

When you take no meaningful efforts to protect your company’s personal or e-commerce data, this form of negligence can easily land your company on the evening news in the event of a data breach. The more media coverage of how careless your company was with this kind of sensitive information, the harder the hit will be to your company’s reputation and brand. The last thing you want is for your company to be ruined by this kind of media coverage. If, however, your company reports that they have successfully repelled a major data breach, it can go a long way to ensuring confidence in your company’s reputation and brand. It sends the message that you go to great lengths to keep your employees’ and customers’ information safe from hackers. That is the kind of peace of mind that people expect when doing business with a company like yours.

Relevant: Revision Legal

Protecting Personal and Financial Information

Although you are a small business, you keep numerous records of customer-based e-commerce transactions and employee-based information. Names, addresses, social security numbers, credit card numbers and even bank routing numbers are all bits of information that a hacker would like to get their hands on if possible. The way to circumvent hackers is to always make sure that data has been encrypted. The more complicated the encryption algorithm you use, the better. If it is possible, the data should be scrambled before it is encrypted to provide an added layer of security. If a hacker happens to grab customer or employee data, they will have to go through the trouble of decrypting it only to learn that it now needs to be unscrambled, too. Anything you can do to thwart a hacker’s ability to make sense of the data they take from your network can help to protect the individuals to whom that data pertains.

Relevant: Security Info Watch

Now you know the basics of why your business needs the proper security. It’s not just a problem that affects you, it affects your employees, your customers, and can even affect your community. Take the right procedures like speaking to people who know more about these issues and do your best to stay as safe as possible.

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