Online Data and Security is an encryption layer that safeguards our personal information against unauthorised access. It includes everything from encrypting data to protecting a computer system from cyberattacks. It’s a crucial aspect of the modern economy as well as our lives. As the world economy continues to churn and people utilize social media and modern technology is constantly evolving with advances in technology. An unimaginable volume of data is generated and transmitted.
Data breaches are commonplace and can result in damage to businesses and individuals. According to an Ponemon Institute study, the average cost of remediating the breach is $8,000,000. The cost of losing brand value and trust can be higher.
To safeguard your data it is necessary to first find it and then determine its level of risk. This is done by the process of data discovery and classification. This involves scanning your data repositories to identify sensitive information, then labeling it to determine who has access to it and why.
The next step is preventing data leakage. This is the theft or leakage information, typically through an insecure connection to networks. There are a myriad of accessible and free tools available for password management, including password managers, VPNs, and encrypted storage solutions. It is essential to use strong passwords, and also to use multi-factor authentication on all of your services.
Additionally, it’s crucial to have redundancy in place for preventing the loss of data from natural catastrophes or attacks on local servers. This can be accomplished by physical replication to distant data centers cloud, software or cloud like Acronis Cyber Protection.