Importance of Data Security
Protection of data is called data security. Most of the data of an organization saved inside the computer are crucial. The data can be lost or damaged due to various reasons. It can be deleted or destroyed accidentally or intentionally.
Data is more worthy than the computer software and hardware. In the case of failure of hardware, it can be restored. Similarly, in the event of failure of software, it can be re-installed. But in a case of data loss, it’s hard to improve in time. Fundamental arrangements, therefore, must be taken to ensure the security of data. The company is responsible for the security of data.
Data security is critical for most businesses and even home computer users. Client information, payment information, private files, bank account details- all of this information can be hard to replace and potentially dangerous if it falls into the wrong hands. Information lost due to disasters such as a flood or fire is crushing, but losing it to hackers or a malware infection can have much greater consequences. Let’s take a look to give you a better understanding of the level of danger your business may be under.
Ward against Identity Theft
Identity theft happens when somebody steals your name and other personal information for malicious purposes. They can use this data to apply for Credit cards, driver’s licenses, etc. Identity theft can result in an individual’s credit being damaged and could potentially make it difficult for them to get loans cult for them to get loans or other credit cards. It could also result in endless hours and money that an individual may spend in clearing their name.
Avoid Federal Penalties and Fines
We are restricted by federal guidelines such as FERPA, HIPAA, GLBA, etc. These guidelines require us to manage data in a certain way.