Organizations are becoming more concerned with the threat of data breaches as the average cost of a data breach increases. According to Statista in 2022 the average cost of a data breach is 9.44 million USD. This threat landscape becomes much more complex whenever an organization increases the breadth and depth of its data footprint to include additional settings, collaborators, and endpoints.
As data becomes more prevalent, data security solutions also become more important. If a business is vigilant about keeping up with data security solutions, valuable and sensitive information can be protected when cybercriminals attempt to profit from security flaws.
The ability to reliably protect data, sensitive information, and enterprise data files against data breaches via data security systems, which offer a vital basis for every corporate function, is fundamental to a zero-trust strategy for data security and protection.
Organizations can improve visibility and information into cyber threats like data breaches with the assistance of data protection solutions. These solutions let companies analyze and address the threats, impose real-time safeguards, and manage compliance requirements regardless of whether installed on-premises or in a cloud system.
This article provides an overview of your options for data security solutions to help you choose solutions that best fit the needs of your organization by discussing the following key topics:
What are Data Security Solutions?
Protecting sensitive data is an essential prerequisite for any firm or organization that collects and stores data. Data security solutions enable businesses to become more aware of the data they own, its location, how it is communicated, and the individuals who have access to it. Essentially, the functionality of data protection solutions are built around providing transparency, data encryption, and security solutions into a single platform or solution.
In addition, data protection solutions prioritize preventing unauthorized or unintentional data access through access control. Appropriate access control measures help improve the security of the data itself and the concealed metadata, which may contain personally identifiable (PII) information. Access control features give control over data access to the organization to prevent the integrity of data from becoming compromised.
IT Security Solutions
IT security solutions are cybersecurity techniques that prevent cyber threats and unwanted access to corporate assets such as IT systems, processes, and enterprise data.
It prevents skilled cybercriminals from gaining access to sensitive information, thus preserving its quality and ensuring its confidentiality. Because cybercriminals are continually improving their techniques, it is more important than ever to safeguard all digital assets and network equipment.
Even though effective and high-quality IT security solutions can be expensive, a major security or data breach can cost significantly more and have a serious effect on an organization’s reputation. Even small companies can become targets of data breaches frequently resulting in even more serious consequences as a small organization does not have the robustness required to withstand a data breach. IT security solutions utilize an incident response strategy as a tool for risk management to retake control of the situation either during or following an incident.
Big Data Security
Some companies keep enormous volumes of data, frequently reaching terabytes worth of data. Because this big data cannot typically be stored on a single server, it is housed on a storage area network, also known as a SAN. A storage area network is a distinct network of servers configured to provide the appearance of being a server to the primary corporate network.
Since the SAN is linked to the primary network, users will not have issues accessing the data stored in the SAN so long as they can connect to the primary network.
Although SANs provide significant advantages for big data storage, they require unique data security solutions. A single server becoming compromised can result in significant losses if the attacker manages to find an access point to the overall SAN. So, organizations must rigorously set up security measures that isolate a potential breach to an individual server. Further, there should be contingencies in place to migrate data from a compromised server to uncompromised servers immediately upon detection of a breach.
Data Security Products
Data security tools can help safeguard businesses from malicious software applications, lessen the likelihood of being targeted by hackers, and keep computer networks risk-free. They can significantly boost the protection of a computer network if implemented as part of a standard auditing routine for network security.
High-quality data security products offer solutions to the most pressing data security needs. Some offer advanced data encryption tools to minimize the impact of a breach while others aim to minimize the risk of a breach occurring in the first place.
When assessing which data security product fits your needs best, consider your data security risks. Some organizations store significant amounts of sensitive information in which case data encryption can ensure PII is not leaked even in the event of a breach. Other organizations cannot allow any disruptions to their data access, so preventing any potential ransom attacks becomes critical.
To best protect your organization’s data, always look for data security tools that provide comprehensive data protection. These tools incorporate advanced access control, data encryption, continuous backups, and much more. It should minimize the risks of an attack occurring and the potential impacts of a successful attack.
Data Security Best Practices
When implementing a data security solution, follow these best practices to maximize its effectiveness:
Maintain Appropriate Access Controls
Granting access is critical, especially in organizations that require data to optimize business decisions. However, granting and revoking access can drain resources and lead to overprivileged users. Therefore, it is important to maintain and audit access ensuring that the appropriate level of access is granted and revoked.
Verify All Data Collected
Tools for data acquisition and classification can assist in locating regulated data so that the subject’s details are safeguarded with necessary protections. Therefore, it is necessary to ensure that you maintain an updated inventory of all data, particularly sensitive data.
Regularly Assess the Threat Level
Modern data protection regulations oftentimes require routine risk assessments to:
- Identify risks.
- Calculate the dangers’ potential impact as well as their likelihood of occurring.
- Implement actions to lessen the biggest vulnerabilities.
- Analyze the results of the adopted procedures.
Make a Well-informed Plan of Action
The foundation of a good plan is to first establish a baseline to ascertain where the business currently stands. Then using a common framework implement data security management to ensure that your data remains secure.
Satori’s Data Security Platform
Data protection can refer to a wide variety of subjects and domains. Competent system administrators and security experts must ensure that all of their security tools are kept up to date and use effective policy administration.
Satori provides automated and secure access control to protect sensitive data. Satori’s automated access control functions eliminate the risk of a data breach from overprivileged access to customer data. Book a demo with one of our experts to learn more about Satori’s data security platform.