Data is your most valuable resource, whether you’re a company or a consumer. It is essential to safeguard it from cyberattacks, loss or theft. Privacy and security of data are both vital to this. However it can be a challenge to distinguish between these two concepts.
Data security is the collection of policies, tools, and methods that are used to shield personal information from unauthorised access. This includes encryption, multi-factor authentication and monitoring user information. It also has the capability to transfer data between different environments and software applications. Data privacy, on the other hand, deals with the right of an individual to control how their information is used and shared. This includes restricting data collection and storage by giving users the option of deleting their personal information and complying with relevant laws and regulations, such as GDPR and CCPA.
Personal information that is sensitive can include information such as address, name or address, birth date medical history or credit card information. These information can be used to be used to commit fraud by criminals or provided to marketers without your consent. These actions are a violation of your right to privacy, which is protected by laws on data protection.
Data breaches can be very costly for businesses, both financially and in terms of reputational damage. In addition to paying penalties and fines, a data breach can cause long-term consequences on the trust of customers. By integrating privacy and protection of data within your organization, it is possible to ensure that your data is secure and secure from costly cyberattacks.
