Online Data and Security is the layer that safeguards all of our personal information from unauthorized access. This covers everything from encrypting your data to securing your computer from cyberattacks. It’s an integral part of modern day economics and our lives. As the world economy continues to churn and people utilize social media and modern technology keeps pace with advancements in technology. An enormous amount of data is created and transferred.

Data breaches are a frequent situation that can be devastating to businesses and individuals. According to an Ponemon Institute study, the average cost of remediating an incident is $8,000,000. The cost of losing trust and brand reputation could be higher.

To safeguard data, the first step is to determine it and understand its risk level. This is done through the data discovery and classification process. This entails scanning your data storage facilities and identifying sensitive data, then putting labels on it to determine who is able to view it and why.

The next step is to stop data exfiltration, which is the stealing or leakage of sensitive data usually through an unsecure network connection. Firewalls are one method to stop this, but http://dataroomfactory.com/dropbox-vs-vdr/ there are also free and easy-to-use tools available in the market such as password managers, VPNs and encrypted storage solutions. It is essential to use strong passwords, and require multi-factor authentication for all your services.

It is also important to have redundancy in place to avoid the loss of data caused by natural disasters or attacks on local servers. This can be achieved through physical replication to remote data centers, cloud or software such as Acronis Cyber Protection.