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Why is Data Security Important?

Data is the most valuable asset to any business regardless of your industry. Despite increasing data protection regulations, the risk of data breaches is increasing. According to Capita, 80% of data breaches involve personally identifiable information at a cost of $150 per record.

What is Data Security?
Data security involves the application of specific standard controls, policies and procedures to protect data from a wide range of problems, including:

  • Unauthorized access
  • Accidental loss
  • Destruction




Benefit of data security
The loss or unauthorized disclosure of valuable data can be very costly for an organization. This is why data security is so useful. Example:



  • 1. Protect all valuable information:
    Sensitive information is never meant to be leaked. Whether it is bank customer details or hospital patient information; That's important information not for all prying eyes. Data security keeps all that information exactly where it's supposed to be.

  • 2. Important to your reputation:
    Any organization that can keep confidential helps build trust with every stakeholder, including customers who know their data is safe and secure. security.

  • 3. Marketing and Competitive Advantage:
    Protect sensitive information from unauthorized access and disclosure to stay ahead of the competition. Preventing access to future development or expansion plans is the key to maintaining a competitive advantage. The sooner you integrate security features into your application, the lower the cost of future support and development costs associated with code changes.


How to Strengthen Your Data Security?
The following tips can help you increase the security of your data.



  • 1. Beware of insider threats
    Threats from outside the organization are often described as the largest and costliest in news and television, so they are easy to visualize. But in reality, it's your insiders who can hurt you the most. Due to its nature, it can be difficult to detect and prevent insider attacks. It's as easy as releasing a ransomware worm by clicking on an email attachment that employees believe is from a trusted source. These types of threats are the most prevalent and costly in the world.

  • 2. Encrypt all devices
    In today's world, more and more people are choosing to work on mobile or personal devices but how can an organization be sure that these devices are trusted? Make sure that all data is stored in encrypted form and remains encrypted during the migration.

  • 3. Back up your data regularly
    This should already be an important part of your IT security strategy. With secure backups, you can withstand everything from accidental file deletions to complete lockdowns with ransomware. As a security best practice, backup data should be stored in a secure remote location away from major offices.


How ACM Can Help Improve Data Security?
There are some important things you need to know about sensitive data to quickly identify and respond to security threats. You need to know where your sensitive data is and why it is sensitive data. You need to know who can access the data and whether the job depends on that access. If not, you can revoke it. You also need to know what changes have been made to your permissions and how your users are interacting with your data. This includes the ability to detect anomalies and respond with an automated threat model.

You can do all this from a single scalable and affordable console with ACM. If you want to know more about how ACM can help improve data security and prevent data breaches, please contact us at 6295 5962 or drop us an email at info@achievement.com.sg.

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