As business leaders, it is essential to know that data breaches can cause tremendous pain to overall operations. IBM’s 2023 report revealed that the global average cost of a data breach is $4.45 million. While these figures seem high, the true impact is often more significant to damage a company’s reputation and financial status.
The risks associated with data leaks are incalculable. Thus, knowing how to archive text messages, implement robust data security, and abide by communication compliance is essential. Not every company can survive a significant breach’s financial, legal, and reputational costs. Therefore, it is vital to seek ways to stop these attacks from happening in the first place. Here are tips for building effective data breach prevention strategy:
Limiting Privileged Access
Despite done with the best intentions, giving privileged access to employees can get out of hand and put sensitive data in a risky place. Hence, enforcing policies surrounding access levels for your members is advisable.
As you collaborate with a reliable IT team, you can suggest implementing patching of networks and systems to protect your company’s data. Bad actors use unpatched software to gain access and steal information.
Protect the Network Perimeter
Typically, the first line of defense against threats is network perimeter security. It includes firewalls, intrusion detection and prevention, access controls, and other tools that allow unfettered business data to flow internally and safely. It is essential to update these measures and ensure they are up-to-date.
Implement Robust Passwords
Modern passwords should be required for all services and applications running on business networks. Some of the password criteria include:
- mandatory use of numbers, special characters, lowercase letters, and uppercase letters
- establish the maximum number of password attempts
- multifactor authentication
- password lengths
How Can You Save Your Company Data?
Data encryption is a critical aspect of mobile archiving. These archiving solutions can help you encrypt data during transmission and when stored on the servers. These can also safeguard sensitive company information from unauthorized access, ensuring compliance with data protection regulations and preventing WhatsApp fines.
Additionally, you can integrate seamless archiving solutions with your IT infrastructure. It ensures that your archived data can be accessed and managed by authorized persons at work. You can also educate your employees about the importance of data archiving and their roles in complying with securing and protecting the company’s data.