5 Key Ways Businesses Can Protect Their Data

Most companies need to study consumer behaviour. They regularly capture, store and analyze a vast amount of data online and rely on this data to define strategic options for moving their businesses forward. 

A significant focus on the value enterprise data can deliver has made it a prized target for cyberattack. Data breaches, when they occur, can affect millions of users. The ramifications to a company when its databases are hacked is severe. 

 Here are five cybersecurity practices businesses should know about protecting their data.

1.   Use an encrypted connection

When surfing the Internet, hackers can view online activity when the connection is unencrypted. It can lead to a loss of privacy and sensitive information, leaving the data vulnerable to cyberattack. Use a VPN to hide your IP address and encrypt online traffic so that third parties or hackers cannot see it. A VPN can be used to protect one’s private information and sensitive data through encryption while helping to keep data confidential. 

2. Install the right tools to protect data

Online privacy can be eroded by social media and various data mining practices. Hackers keep an eye out for new data mining strategies and data sharing practices. Keep your data safe with the right software tools like an antivirus program, password manager, vpn software, etc. Regularly update them to stay ahead. 

3.   Review the privacy settings

Social media is of utmost importance to reviewing client accounts and fulfilling marketing purposes. Social media accounts’ configuration can make it very easy for hackers to get hold of personal details or business accounts. Review your account’s privacy settings regularly and become familiar with the privacy settings available on any social network you use. 

4.   Go through privacy policies

Online websites, by default, gain access to the browsing history and personal details of users. Review the privacy policies of the websites you visit and disable permission to any unnecessary accounts.

5.   Use two-factor authentication

A password-based security program can make data vulnerable to cyber attacks. Hackers can easily hack passwords and can gain unauthorized access to the credentials of client accounts. Protect your data from hackers by using two-factor authentication systems for managing access to enterprise data. This additional security can be adjusted to suit the needs and requirements of your business. 

If company data gets into the wrong hands, things can go wrong. Data is one of the most critical assets of any company, and its protection should be a top priority of your business. You should read about new cybersecurity practices regularly and follow them to keep your data secure.