Procrastinating in the cloud? Relying on cyber insurance? On Data Protection Day you should look into your data security processes and reevaluate how you are protecting the hot commodity that is data.
With Great Data, Comes Great Responsibility
Jason Hart, CTO, Data Protection, Gemalto
In an age of convenience, consumers are more than happy to share personal data with businesses and organisations, as long as it enhances their online and offline experiences. Whilst this provides considerable benefits to the business receiving the data, it also comes with a huge responsibility – consumers expect that their data will only be accessed by internally authorised individuals, and be completely secure from external threats.
Businesses must implement encryption to ensure that the data they hold is secure, and can only be accessed by select individuals. Additionally, two factor authentication is crucial in helping mitigate any outside threats. By encrypting the data, and managing the encryption keys properly, the data is useless to the hacker, as well as any unauthorised personnel within the organisation. This means that, even if a breach takes place, consumer data remains private.
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With the looming Investigatory Powers Act and threats from across the pond that the US may not consider privacy all that important to those who aren’t American, this year’s Data Protection Day is as timely as ever.