How Data Breach Is Discovered in Companies
By Ranggi R.
Published on Jun 22, 2023
How important is company data?
From small startups to multinational companies, data has become the lifeblood of businesses across industries in today’s digital age. Confidential information, confidential files, and financial reports are some of the important types of company data. .
Same goes as the data that belongs to employees. Their personal data plays a vital role in the workplace. Without leveraging that, employees are not able to do their job, which eventually affects the business operation.
Data Theft in Asia vs Europe
The cyber threat sees every country on every continent as its prey. Of these, data breaches are unavoidable in countries in Europe and Asia.
Cyber attacks target multiple institutions across the EU and data breaches continue to evolve. Unfortunately, data breach cases are unreported, because the problem will certainly affect their business reputation.
In Asia, data breaches are as dangerous as they are in Europe. One of the biggest breaches occurred in March 2023, not long ago. Hackers conducted a data center breach and managed to steal more than 3,000 login credentials.
Regardless of the country, data breaches are equally disastrous for companies that put data security at risk. So what is a data breach?
What is a Data Breach?
Incidents can sometimes happen to your data. Data that is safe, sensitive and confidential tends to be addressed and can be obtained by other people. It’s time you got to know about data breaches, to learn how to prevent data breaches in an enterprise.
In simple definition, a data breach is a violation of security system or protocol for an entity or an individual, causing data to be copied, viewed, or stolen by an unauthorized person or organization.
Data breaches can occur in a number of ways such as ransomware, malware, phishing scams or human error. The breached data can be in the form of personal information: names, addresses, telephone numbers, bank accounts, financial information, and so on.
So, if you are asking how to prevent data breaches in your enterprise, you should better identify the types of data breaches.
How Data Breach Occur
Data breaches can happen at any time. Whether it’s a weakness in the system or user behavior that leads to human error or deliberate intent, data breaches are unavoidable.
Below is a list of some of the ways in which data breaches occur:
- Accidental internal breach
An accidental internal breach occurs when someone who works for a company gains access to data without permission.
- Intentional internal breach
Unlike an accidental internal breach, an intentional internal breach occurs when someone is able to gain access to data and wants to share it with the intention of causing harm or making a profit from the act.
- Physical loss
Data which is stored in unsecured devices or storage tend to be lost or stolen due to physical loss.
- Cybercrime
Someone who commits cybercrime (cybercriminal) collects other people’s confidential data by stealing it for malicious purposes.
How to Prevent Data Breach
As long as the question of “how to prevent data breach in a company?” can be answered, it means that there are a lot of solutions for that.
Now is the time for you to know more about how to prevent data breaches in the company, as below:
1) Encrypt Sensitive Data
Never compromise on data security. Therefore, equip yourself with encryption for every data you have.
With encryption, there is no need to worry about data breaches anymore. Encryption is capable of converting your data into an unreadable format. Even before cyber criminals get to your data, it is difficult for them to access your data, because they have to add an encryption password.
2) Regularly Backup Data
A data breach can also maliciously wipe all your data. To prevent this, start backing up your data.
With a data backup, you can restore your data and get them back. This is especially important in case of data loss caused by a data breach. Having an automated and secure backup system is highly recommended for every company.
3) Use Strong Passwords
If your password is not strong enough, it will be very easy for cybercriminals to commit data breaches.
How can you prevent a data breach at your company if the passwords are so easy to guess? Start creating passwords that are at least 8 characters long, including at least one number, special characters, and uppercase letters.
4) Educate The Employees
There are still many employees who are ignorant of the dangers of data breaches, so they also ignore ways to prevent data breaches.
Therefore, it is important to educate your employees on how to protect data from being compromised. Start by helping them understand how to create strong passwords, encrypt their data, and spot suspicious activity.
How Data Security Affects Data Privacy
Online businesses and organizations gather data about things like credit cards and bank accounts. Users cannot regain their data protection without data privacy.
In case customers want to protect their credit card or data from cybercriminals. They are able to authenticate and delete the account. mainly because the group has accurate data.
Start with Securing Your Cloud
Today, businesses increasingly need access to their data on the go, with no additional costs for storage maintenance and no hardware maintenance costs.
If you are setting up your own data center, your hardware capacity is limited. It’s also difficult to access data if you want to work remotely, offering no flexibility.
In the worst case scenario, you can lose your data if something bad happens to your server.
Over the next few years, cloud storage will continue to establish itself as a valuable and essential tool for businesses small and large.. Storing your business data to the cloud storage is highly recommended.
If you decide to invest in cloud storage for your business, then it is the perfect decision.
When you store data in the cloud, your files are encrypted and continuously monitored to protect against cyber security threats, which make it difficult for cyber criminals to access.
Even if your data is lost, which mostly occurs due to human error, you can still restore it.
There are many benefits to storing all your data in a secure manner, of course, but you have an important role to play in making sure your cloud storage is as secure as possible as well.
