Whether your company uses it to fulfill orders, manage payroll or to conduct any other business, your data could be harmful to people if it ends up in the wrong hands. It is crucial to secure your personal information. This will not only allow you to maintain an excellent reputation and build trust, but it can also prevent costly lawsuits and losses to your business.
Begin by assessing the information you have in your company and the ways in which it is shared. Keep only the information that is necessary to run your business, and store it in safe places. Be sure that your employees only have access to the information they need to carry out their jobs. Consider encryption of sensitive information as it travels between your database and the computers or mobile devices of your employees.
Create a plan for responding to security incidents, and educate your employees in the process of responding to security incidents. Keep up-to-date with the latest threats, and use firewalls, either hardware or software, to stop hackers https://creativetrance.com/data-sharing-insights-for-success-in-buy-side-vs-sell-side-ma/ from stealing data or using it to serve malicious motives.
Encourage your employees to back up their data and store backups off-site. Cloud storage services with multi-user access are a good idea. You can also arrange backups to be restored at a specific time.
Instruct your employees not to save data on personal computers, tablets, or mobile phones, and to never share their logins for cloud-storage services with other employees. Also, think about implementing a system to ensure that employees who leave your company, or transfer to another department erase all personal data on their computers and devices.