Understanding the Difference Between Data Security and Privacy Protection
Businesses collect a large amount of data about their customers and users. The information collected is highly sensitive, and must be protected from any unauthorized attacks. It should also be secured against misuse and exploitation to earn money.
To avoid cyberattacks and data breaches, it is essential that businesses implement data security measures like authorization and encryption. This is also the reason it’s essential that they comply with global privacy laws such as GDPR and CCPA.
It is important to understand that privacy and data security are two distinct terms. Data security is about protecting data from unauthorized access, such as from insiders and hackers. It also shields the data from manipulation, modification and destruction. It includes authentication procedures like multi-factor authentication, as well as encryption to safeguard data from being stolen. It also encompasses safeguards like audit trails and automated policy enforcement.
Privacy however is about controlling access to personal information. It is focused on the rights of consumers and how companies make use of data. It contains guidelines https://indexdataroom.blog/virtual-data-room-comparison-for-companies-security/ on how data is used and shared, and requires that companies be transparent with customers and users. It also includes ways to resolve issues when they arise.
These days, it’s nearly impossible for businesses to stay away from storing and storing large amounts of user and customer data. But if that information gets into the wrong hands it could lead to identity theft, fraud and a loss of loyalty to customers. It can put the safety of people and countries at risk, their livelihoods in danger and their reputations at stake.