Companies are realizing that with the increased attention paid to data breaches and cyberattacks, it is important to have the right controls in place for protecting their most important assets. Security measures like encryption, firewalls and authentication are in place as are the guidelines that regulate the storage, use and sharing of data.
Data privacy is one of the areas of control. This means making sure that personal information is only gathered when it is necessary, and that companies do not store or share this data with unauthorized third parties. It also implies giving users an understanding of the clear guidelines on how their data is being used, and giving them the choice of opting out of those uses. It also requires compliance with a variety of privacy laws that include GDPR, CCPA, and HIPAA.
Modern workplaces are impacted by remote access, wireless, bring your personal device as well as smart devices and internet of things technology. These technologies require strong access controls, as well as careful management of the infrastructure, as well being aware of regulations at the local level, provincial, state or national level.
Without these safeguards in place, you could be at risk of an expensive breach that could damage your reputation, cost you customers and incur costs or lawsuits. In addition, you are at risk of losing important information that could help you develop new products and services that are beneficial to your customers. In short, the importance of privacy and data security protection cannot be overstated.