Since data is considered one of the most important factors in the business, these need to be given the proper attention. A data breach or stolen can cause a large issue to your business’ reputation. When not solved or prevented, your business can end shortly.
What is data theft?
An online definition says that data theft is the act of stealing computer-based information from an unaware source with the goal of compromising privacy or getting confidential information. Nowadays, this is becoming a rampant problem, especially to online businesses. The online world has been an easy access to get sensitive data. It’s worse to know that hackers are not the only ones who can bring problems to the company when it comes to data theft. It can also happen when an insider (meaning your employee) puts your data at risk. Be it accidental or intentional, this is a very important matter to pay attention.
Is it serious?
Yes! Expect financial and reputational damages once your data are stolen or compromised. Accidentally sharing or publishing confidential data using mobile devices and cloud-based platforms must be watched too.
There are also reports of incidents where insiders and hackers are selling stolen information such as bank details, patient details, and other sensitive data. Small businesses must be aware as well that this is something to monitor too.
What can be done to protect your Data from Data Thieves?
To be protected from data theft from the inside, companies should implement and communicate prevention- and security measures:
- Define clear guideline for information security (privacy vs. security)
- Carry out security awareness measurements in a regular manner
- Have your employees participate to data awareness and protection
- Restrict access to the proper individuals only
- Implement the proper technology solutions when it comes to security and innovation
The implementation of the proper technology solutions to your company is one that must be done. Security and protection must be ensured. Of course, get the best solutions for a reliable tech provider. LTK Technologies is a global provider of Information Technology solutions to protect business technology investments.