Data Protection Write for Us
Cyberattacks aimed at stealing valuable and confidential information from companies, institutions, and government agencies occur daily. The increasing sophistication of these threats highlights the importance of data protection to stop costly breaches and security incidents. In turn, data protection has become one of the primary goals of cybersecurity and a key component of compliance and privacy. With the correct set of schemes and strategies, organisations can prevent attackers from robbery data, thereby protecting themselves from data loss and disruption to business continuity.
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What Is the Purpose of Data Protection?
Data loss and corruption cost organisations billions of dollars every year. A single cybersecurity incident costs nearly $100,000, and the costs continue to rise. An organisation that suffers a data breach must invest in legal fees, fines for non-compliance, and purchasing new cybersecurity tools. Therefore, implementing the proper controls to prevent incidents is cost-effective.
The goal of data protection is to prevent data theft before an organisation suffers the costly consequences of a successful breach. Protection also protects customers from data loss to malicious actors, identity theft, and fraud. Preventing a breach is not the only benefit. Data protection helps companies realise the value of their data by cataloguing it for future use.
Elements of Data Protection
There are three core elements of data protection and security that most organisations should consider in their cybersecurity initiatives: confidentiality, honesty, and obtainability. These three pillars are known as the “CIA triad” and serve as the foundation for supporting resilient data protection systems.
- Confidentiality: means reliably protecting data from unauthorised access, providing access only to specific users with appropriate authority and credentials.
- Integrity: ensures data reliability, accuracy and completeness, excluding accidental changes or modifications.
- Availability: ensures easy access to data and its availability at all times to ensure business continuity.
Why Should Businesses Care About Data Protection?
Business continuity depends on protecting information. Companies need ways to recover from a cybersecurity incident to maintain business continuity. For instance, a misconfiguration or unexpected system failure can lead to data corruption. Data protection plans come into effect after such events.
The time it takes a company to recover from downtime impacts its revenue. The longer a system is down, the longer it will take for the company to maintain productivity. Without productivity, a company will not be able to maintain profits. Moreover, downtime can impact future revenue growth and damage the brand.
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Related Terms to Data Protection
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