Data Security in 2019 and Beyond

Providing access in today’s business world is capital. Remote-access positions are prized, wireless access is standard, and allowing your clients to interact with your company, even when the doors are closed, is a must. 

But to borrow an over-used cliché: With great access comes great responsibility. 

In the first half of 2019 alone, the number of data breaches was up 54% when compared to the same period in 2018, with 4.1 billion records compromised. A study released in 2018 by the U.S. Government’s Council of Economic Advisors showed that companies face an average of 130 breach attempts per year. Small businesses paid an average of $7,000 per successful attempt, which ballooned to $32,000 if their banking information was hacked. Unfortunately, that number doesn’t include potential losses in market share and consumer trust.

Thankfully, data security measures have grown to meet the threat. A quality IT provider can help protect your network with next generation tools including access control, firewalls, and behavioral analytics. They can also ensure these are setup properly to prevent misconfigurations from being the source of a breach. Tips that are easily overlooked, such as encrypting your wi-fi and enabling multi-factor authentication will be top of mind for a good security professional and will complement your existing security equipment and processes. 

That said, relying solely on your software or security team to protect your trade secrets and intellectual property isn’t enough. Instead, devising a comprehensive data security plan starts with setting well-defined roles and policies for your data usage and security. The goal is for your organization to identify threats, prepare your employees’ devices for unsecured networks, and stay on top of security updates and backups. 

That way, you won’t offer too much access. And that’s everyone’s responsibility.

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