According to an Adastra survey, more than 77% of IT decision-makers in the U.S. and Canada estimate their organizations will likely experience a data breach over the next three years.
Employees should be aware of data security practices since the 2022 Verizon Data Breach Investigations Report states, 82% of data breaches are caused by human error, placing companies of all sizes at risk.
5 Upgrades to Data Security
1. Protect data, not simply the barrier
With approximately 90% of security resources going toward firewall technology, it appears that many firms are focusing on protecting the walls around their data. However, there are potential ways for firewalls, including via clients, partners, and staff. Such individuals can all get beyond external cyber security and abuse sensitive data.
2. Be aware of threats
Insider threats can be challenging to identify and stop due to their nature. It might be as simple as a worker opening an email attachment that is from a credible source and activating a ransomware worm. Threats of this nature are the most frequent and expensive worldwide.
3. Encrypt each device
A growing number of individuals prefer to work on personal devices. A solid, unchangeable data backup strategy might aid a business in making a speedy incident recovery.
4. Create secure passwords
Most firms tend to display weak password policies, resulting in basic, generic, and hackable passwords for vital accounts that have access to private and priceless data. Passwords should be fairly complex; they should be updated every 90 days.
5. Develop a company safety strategy
Each person who has a username and password is responsible for data security. IT administrators must regularly remind managers and employees that they are never permitted to share their login information with any third parties.
Data security is identified as the largest disruptor in 2023 by researchers as businesses continue to boost their cybersecurity resilience. According to the poll, 68% of managers say that the company has a cybersecurity unit and another 18% indicate companies are in process of building one. Only 6% of participants claimed to have no cybersecurity section.
A breach could cost significantly more than an audit from a data security firm. The estimated cost of a data breach in the US increased from $9 million to $9.4 million in 2022, as per Statista.
