Data protection refers to the processes practices, procedures and technologies which ensure that data is available at any time, regardless of whether it is corrupted or lost. This covers everything from traditional data backups, solid-state drives cloud storage, as well as other forms of high-availability, to security measures that keep information from being accessed by unauthorized users.
Data protection refers to laws and regulations that regulate the collection, use and storage of personal data. GDPR is a prime example that imposes fines on non-compliance and sets the minimum standards for all member states must https://datachatroom.com/data-room-software-transforming-security-standards-for-modern-businesses/ follow. GDPR compliance requires a detailed explanation of how and why certain types of data are obtained, including the names of the people who collected the data and the purpose of each processing action. The GDPR also requires that data be correct and not stored longer than is necessary. All personally identifiable information must be protected by a secure system.
As the volume of data handled by businesses grows and so does the responsibility to protect it. Mishandled data can lead to fines, reputational damage, and other financial burdens. 79% of customers trust companies more when they are focused on security of their data, and than 80% of them will stop doing business with a company which has suffered a security breach.
While it is possible to secure information without using technology, the best way to protect data is to secure all sensitive information before sharing. In addition all physical devices and storage should be properly identified and secured (e.g. external drives, USBs, printed files and documentation) to avoid their loss or unauthorized access. Finally, when it comes time to delete information, ensure that it is completely erased from all devices and backups.
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