What Is Data Security In Business?

These are just a few of the thousands of cybercrimes that have occurred in the world today. No matter what way cybercriminals choose to attack you, the end result is the same if you don’t pay attention to data security in business:

• Your business’s data is compromised.
• Your customers’ private and sensitive data is leaked to a criminal who can wreak havoc.
• Your brand image is tarnished (possibly forever).
• You’ll end up paying millions or even billions in damages to disgruntled customers.
• You’ll have to spend millions more to rebuild your branding and upgrade the security of your technology.

All of this can put your company back by years and make it exceptionally hard to succeed. In fact, here’s something very concerning – 60% of SMEs go bankrupt and shut their doors permanently, within 6 months of experiencing a cybercrime attack!

Investing in data security in business can prevent this terrible fate from befalling you.

Types of data security

Data security in business involves securing numerous facets of your company’s technology. A single crack in the wall can bring down the entire dam when it comes to lax data security in business.

So, what types of data security in business do you need to consider when fortifying your company against cybercriminals?

• Internet security

Internet-based cybercriminal activity can affect us in numerous ways. From hackers bringing down internet connectivity to a specific region to hijackers taking control of certain website domains, servers, or networks, there’s much that can go wrong. So, it’s really essential to invest in the right internet security package. These cybersecurity solutions will protect you by securing your internet browsers and websites.

You’ll be able to tell if the website is secure or not if you see this “https”. The “s” represents that your internet browsers and websites are protected from attack. Additionally, you’ll notice a padlock symbol on the right-hand-side corner of the browser and this also indicates that your internet security is fortified.

• Network security

Network security comprises of securing your collection of hardware and software technologies. If any of these components are exposed, it’ll act like the perfect gateway for any hacker or malicious criminal to tap into your security vulnerabilities.

Dedicated network security solutions can offer layers of protection to prevent intruders from entering your network. These security solutions prevent malware and viruses from entering your networks and affecting your day-to-day functioning.

• Endpoint security

Endpoints refer to all those points of contact/connection, where you plug in your devices. Sometimes, cybercriminals can infect endpoints or ports. When you plug your laptop, tablet, or mobile phone into that endpoint, your device is attacked by malicious criminal technology. For example, let’s say one of your employees is in the airport and is traveling for a meeting out of town. They decide to charge their laptop in the publicly available charging port. This infected endpoint can transfer something vicious (like ransomware) and affect all the sensitive and confidential documents your employee has on the laptop.

Endpoint attacks also happen over the internet. So, let’s say that your employee decides to join the free public Wi-Fi connection when they’re at the airport. The moment they do so, they’ll make their device vulnerable to attack through the public internet.

Endpoint security solutions will ensure that your business-related devices will never be put at risk when they come in touch with endpoints of any kind.