Published on December 1st, 2022 | by Sunit Nandi

How to Protect Your Organization from a Potential Data Breach

Data breaches are more common than most people realize and take an ugly toll on victims when they occur. Losing customer data, such as credit cards and personally identifiable information (PII), can result in fines, penalties, and lawsuits that can cost businesses millions of dollars in damages and legal fees over time. Plus, customers may lose trust in your business entirely, resulting in significant lost revenue or even bankruptcy if you don’t have the resources to cover those losses. To help prevent these possibilities from happening to you, here’s how to protect your business from a data breach.

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Know Where Your Data Is Stored

In today’s digital world, data breaches are becoming more used, with 47% of all data breaches happening just in the last year. With hacks like Equifax or Yahoo!, where millions of people’s personal information are stolen, making them one of the biggest breaches in history, you must know where your company’s data is stored. That way, if anything happens to it, you will be able to protect yourself and your customers.

Make Sure That Your Software Is Always Up to Date

Keeping your software up-to-date is crucial in the fight against hackers and the loss of sensitive customer information. Installing security patches as soon as they are made available is recommended, as is adhering to best practices for creating passwords, encrypting Wi-Fi networks, and other security measures. You must maintain the most recent versions of your hardware to ensure it is compatible with the latest software updates. No matter how reasonable your safety precautions are, you are still open to danger if something fails to function correctly due to not being up to date.

The Time to Educate Your Employees

Major corporations like Sony and casinos like MGM resorts have experienced severe data breaches. The best way to prevent your business from being next is by educating your employees on how hackers work, what they want, and how they get it. That way, you can limit the damage that might happen if an attack does occur. By bringing awareness to your employees, they can also be vigilant in checking other employees for any suspicious activities internally.

Teach your employees safe internet behaviors, such as visiting only trusted websites. Educate them on how to identify secure websites. There is a great deal of information on the Internet, all they have to do is read to find the answers, but it should be from reputable sites. For instance, specific sites are devoted to providing consumers with information, such as locating live casinos. The website has outlined the criteria they use before suggesting these casinos, the first of which is security measures.

A licensing organization must regulate the live online casino to make it on its list. They have awarded additional points to casinos holding multiple legitimate gambling licenses. Encryption and Know Your Customer (KYC) protocols are other security measures they carefully evaluate. Under no circumstances do they endorse unregulated, low-quality live casinos, mainly since they collect player information through registration before they can play live and interact with other people. These platforms have a secure URL that begins with “HTTPS” instead of “HTTP.”

Employees can avoid randomly visiting untrusted websites with this knowledge, as it only takes one person to compromise a website or network. You are inherently at risk without complete protection at the user and corporate levels. Understanding how a data breach occurs.

Protect Your Website and Have a Plan in Place

It is necessary to secure your website from harmful threats if you conduct business or have a presence online (for example, an online store or transactions operated over the Internet). We cannot stress the importance of using strong passwords with at least one letter and number enough. Using different passwords for each account is crucial since hackers will try to log in with any variant they can think of. Check that your hardware and software are running the most recent versions. As well as maintaining a data backup and recovery plan so that the damage won’t be as severe if there is ever a breach. Invest in safety measures, and do what you can to restrict the websites your staff members can access over the company network.

Tags: data breach, organization, protect

About the Author

Sunit Nandi I'm the leader of Techno FAQ. Also an engineering college student with immense interest in science and technology. Other interests include literature, coin collecting, gardening and photography. Always wish to live life like there's no tomorrow.