data security and protection risks

Unauthorized Access to Tables and Columns 6. It underscores the blase attitude toward data security that still permeates many organizations, which holistically represents a profound threat heading into next year. Make sure they know how to handle sensitive data and that they take all appropriate security measures. If your sensitive data gets into the wrong hands you could face serious problems, and you could even face large fines if you do not protect the personal data of customers or employees properly. With employees accessing corporate data at times on home computers or sharing and collaborating in new ways, organizations could be at greater risk for data leak or other risks. After years of unfettered participation in the data-driven digital age that was defined by an “anything goes” ethos and a “move fast and break things” mentality, this shifting sentiment is both drastic and welcome. He recently authored the e-book: #Privacy2020: Identifying, Managing and Preventing Insider Threats in a Privacy-First World. Failing to provide accountability at every level of an organization creates the possibility that a data privacy event will occur next year. In many ways, this might be the most significant vulnerabty of all. Children’s records may be stored for longer periods depending on their age. This reality was underscored recently when an employee at an Australian government contractor accidentally emailed to the public an internal spreadsheet storing people’s personally identifiable information. The Data Security and Protection Toolkit is an online self-assessment tool that allows organisations to measure their performance against the National Data Guardian’s 10 data security standards. Carry out background checks, and be very careful about which employees are given access to sensitive data. That’s probably why nearly 2/3 of cybersecurity specialists have considered quitting their jobs or leaving the industry entirely. There are a lot of ways for hackers to make money from stolen data. Rather than controlling the controllable, accounting for the risks, and implementing a security strategy that addresses holistic data security, they just do nothing. Carry out background checks, and be very careful about which employees are given access to sensitive data. Recently, the City of Naples learned this lesson in an embarrassing and expensive episode that cost the city $700,000 when an employee was tricked into paying a fraudulent invoice received as part of a targeted spear phishing campaign. Securing your business data is incredibly important, and if you fail to take the correct precautions you could end up on the receiving end of a data breach and even a large fine where personal data is concerned. Ransomware attacks have received a new lease on life, increasing by 500% year-over-year, while serving as a serious data security risk for businesses, government agencies, and beyond. Laws concerning data privacy and security vary internationally. Preventative measures include educating your employees on what they can and cannot download from the internet and warning them about the dangers posed by email attachments. Falsifying User Identities 4. Employees present a serious risk to the data security of your business. Data security is a set of standards and technologies that protect data from intentional or accidental destruction, modification or disclosure. This isn’t a problem until it becomes a huge problem when they decide to leave the company or are forced out by institutional or market dynamics. Protection of personal data and data security. For instance, two former Apple employees working on the company’s secret car project were charged with data theft after they stole more than 2,000 files related to the project. More recently, it was revealed that AT&T employees were receiving bribes to plant malware on the company network that provided insights into  AT&T’s inner workings. The integrity and privacy of data are at risk from unauthorized users, external sources listening in on the network, and internal users giving away the store. For some, data theft isn’t about data or privacy, it’s about their own notoriety, and that’s a problem for businesses striving to protect their customers’ digital privacy. This turnover – and the inevitable performance lag that accompanies overworked employees – leaves companies vulnerable to a data security or privacy failure. Riske #4: Cyber warfare influencing global trade. Don’t miss the opportunity to start getting ready now. Privileged users frequently present a vulnerability because they are implicitly trusted while oversight is often minimal or nonexistent, creating an unnecessary opportunity for data loss and privacy violations. An analysis by Microsoft found that phishing scams are up 250% this year. Employees steal company data for many reasons, but one of the most obvious and tangible motivations is money. This could involve a secure shredding service that would ensure all of your data is completely destroyed in a secure manner. SMBs run the risk of losing data, employee productivity, revenue, and their reputation with the exponentially increasing number of data breaches. While the Dark Web offers a vast network of sales opportunities, increasingly cybercriminals are turning back to the source for their income. West Molesey Unauthorized Access to Data Rows 7. These are just three of the most common ways in which your sensitive business data could be put at risk. Ensure continuity and durability of network security. What Are the 3 Biggest Risks to Your Data Security. For instance, a report by Risk Based Security found that email addresses and passwords are the most sought after data online, occurring in 70% of all data breaches. Hacking can pose a serious risk to sensitive data, and you need to take all appropriate security measures to avoid becoming a victim to a hack. Unfortunately, the personal computer of a remote employee may not be as secure, creating a significant risk when store sensitive data. The path to navigating data protection risks is often filled with uncertainty. You should also ensure that you have suitable enterprise-level anti-virus protection in place across your business, which is something that your IT department should be in charge of. Hackers only have to be right once to inflict serious damage on a business's bottom-line, while IT admins are charged with perfectly repelling a constant barrage of attacks. 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