Data is your most valuable resource, regardless of whether you’re a corporation or a consumer. It is important to protect your data from cyber-attacks or theft or loss. Privacy and security of data are both crucial to this. However it can be difficult to understand the difference between these concepts.
Data security is the set of guidelines tools, methods, and policies used to protect personal information from unauthorised access. This includes encryption, multi-factor authentication and monitoring of user information. It also includes the ability to transfer data between various environments and software applications. Privacy of data is the right of an individual to manage their information and how it is used. This includes restricting data collection and storage, providing users with the option of deleting their personal data and complying with applicable laws and regulations, like GDPR and CCPA.
Personal information such as birth date address, name, medical history, or credit card numbers could be classified as sensitive information. These data may be used to perpetrate fraud by criminals or given to marketers without your consent. This is a violation of your right to privacy, which is protected by laws governing data protection.
Data breaches can cost companies dearly in terms of financial losses and reputational damage. Data breaches can be detrimental to customer trust and can also result in the cost of fines and compensation. By incorporating data security and privacy protection within your informative post business and ensuring that your data remains secure and ward off costly cyber attacks.