Types of Data Safety Policies

Data is among the most valuable assets for an organization. Unfortunately the number of data breaches and cyberattacks increase day by day and this makes a strong security plan for data more important than ever before. A robust data protection plan safeguards data from any unauthorized access. This could result in devastating consequences, including costly recovery and forensics costs, lost productivity and reputational damage, compliance fines and a permanent loss of customer trust.

A robust data policy will include best practices, such as encryption, to protect sensitive data during transport and in storage. It will also include authorization, authentication, user authentication and access management. It is about detecting and monitoring threats to the integrity, confidentiality and availability of data.

Data security is also an important aspect of identifying and classifying information based on its sensitivity. This allows organizations to prioritize their security efforts accordingly. For instance, data with low sensitivity can be shared with public, while high-sensitivity information must be made available to a select group of users to avoid the possibility of catastrophic consequences should it be compromised or destroyed.

Data security is a significant concern for organizations of all sizes all over the world due to the increasing amount and sophistication of cyberattacks as well as regulatory requirements like the EU’s General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA), and the Payment Card Industry Data Security Standard (PCI DSS). In addition to safeguarding customers from identity theft, a strong data security is an essential component of meeting legal compliance requirements for a particular geographic area or field and is usually required by local laws, national or state laws.

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