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Data security is crucial for all businesses, regardless of industry. Customer and client information, payment information, personnel files, bank account details – this type of information is often impossible to replace if lost and dangerous in the hands of criminals. How you handle and protect your data is central to the security of your business and the privacy expectations of customers, employees and partners.
Asset Identification
The first step in any Cybersecurity plan is to identify the assets within your company that need to be protected. A typical business will have all kinds of data, some of it more valuable and sensitive than others, but it is important to remember that all data has value to someone.
Developing a Privacy Policy
Privacy is important for your business and your customers. Continued trust in your business practices, products and the secure handling of your clients’ unique information impacts your profitability. Your privacy policy is a pledge to your customers that you will use and protect their information not only in ways that they expect, but also in a manner that adheres to your legal obligations.
Protecting Your Data
Data must be protected, whether you host your own website and therefore manage your own servers or your website and databases are hosted by a third party such as a web hosting company. Regardless of how your website or database are hosted, ensuring the data is protected is the responsibility of your company.
Incident Mitigation
Every business has to plan for the unexpected, and that includes the loss or theft of data from your business. Not only can the loss or theft of data hurt your business, brand and customer confidence, it can also expose you to costly state or federal regulations and fines that cover data protection and privacy. Data loss can also expose businesses to significant litigation risk. It is up to you to ensure that your company is trained on how to protect and handle these situations.
