Organizations must also implement threat monitoring solutions for faster incident response times. Data security: This category involves securing data flows with the best encryption protocols while ensuring strong authentication processes are in place.Today, all organiza tions must create data backups and enforce data retention processes. Data safety: This category refers to basic data protection measures that have been enforced for decades.In a general sense, data protection includes the following elements: The enormous volume of data also means that there is a growing number of attack surfaces, triggering a growing need to protect it from data leaks, theft, and corruption.Īs the number of data breaches has increased, government entities and industry regulators worldwide have enacted strict data protection requirements for companies and organizations.

What is data protectionĮvery day, millions of people worldwide share their personal information and payment data on the internet as they shop and consume content and digital services. In this post, learn about the nine principles of data protection and why they’re critical to maintaining data confidentiality and integrity. This turn of events sent waves across multiple sectors, creating a need for added security with updated data protection and privacy laws. It can have an irreversible impact on the company’s reputation and customer relations for many years to come.Īs a result of these attacks, Yahoo was forced to lower its sale price by $350 million from an estimated $680 million. Yahoo’s example is one that demonstrates the ripple effects of a cyber attack and how it can go way beyond the data leak itself. Besides the obvious remediation efforts and legal fees, the brand damage is beyond measurable. Between 20, Yahoo experienced two data breach es that led to over 3 billion personal records exposed in 2013 and an additional 500 million records leaked in 2014.Ĭombined, these data breaches cost the company over $350 million. Got a Yahoo account? You may want to change your password.

Basic data protection principles