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internet security and data protection concept, blockchain and cybersecurity
June 22 2022

Protecting Data, What are the Requirements and Consequences for My Business?

Protecting Data, What are the Requirements and Consequences for My Business?

If you are a business owner, you probably already know that protecting your data is very important. You might have some questions about the requirements for protecting data and how to do so. We will cover all the answers as well as the consequences of not protecting your data.

How Does a Business Control Data?

There are many ways you can control the data for your business including:

  • Protection for computers. This includes firewall, PC protection, and keeping emails clean.
  • Secure wireless network. Always use strong passwords for your WIFI network and do not have people other than employees access to it.
  • Automatic software updates. This ensures that older versions are not available as they are easier to exploit and hack into.
  • Background checks. Make sure all new employees have a background check so have more information about who they are.
  • Dispose of data correctly. Make sure all older devices or retired devices have all files and hardware deleted before getting rid of them.
  • Use the cloud. This allows you to store data securely and have the security you need for all stored data.
  • Educate all employees. Make sure all your employees have regular training on how to store and protect data properly.

Reasons to Control Data

There are many reasons why you need to control the data for your business. One of the main reasons you want to secure it is so that you can recover it. If your systems fail or go down, having the data stored in a secure place allows you to find it and access it quickly.

Controlling data also protects you, your employees, and your customers. Customers will be able to shop easily with you including entering personal and financial information online. All their data will be protected without someone being able to steal their information.

Protecting data also prevents your employees and customers from identity theft. With secure data, names, addresses, social security numbers, and credit card information will all be secure.

Lastly, controlling company data protects your company’s reputation. Customers will not trust you if their information is not secure and they get their identity or credit card information taken after they have shopped or done business with you.

Consequences of Not Controlling Data

If you do not control data or you control it improperly, it can have serious consequences for your business, your employees, and your customers. One of the major consequences is security breaches. This can tarnish the image of your company.

Depending on where you live, not controlling data can also lead to violations of laws and regulations. Not having a proper data management system can also lead to you running out of storage capacity. Some of these files can also be corrupted and ruin the files you have.

Protecting data is a must no matter the size of your business. You want to make sure your employees and customers feel safe with your business. Protecting data can also be easy with the right software and resources.

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Matthew Fornaro, P.A.
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