Data is essential for organizations today. Good data can help your business gain insights into your customers’ minds, make informed business decisions, and establish benchmarks to keep moving forward.
As organizations increasingly rely on data to operate efficiently, threat actors devise innovative ways to get hold of organizations’ sensitive data.
So you must implement data security solutions in your company to protect critical data from threat actors. Besides, most organizations these days are legally bound to protect their customers’ data.
What Is Data Security?
Data security refers to protecting data from unauthorized access, corruption, accidental loss, or theft throughout the entire data lifecycle, from data creation to destruction.
The objective of data security is to preserve its confidentiality, integrity, and availability. It encompasses software, hardware, storage devices, and user devices. And the data security process also includes organizations’ policies and procedures.
Why Your Business Needs Data Security
Growing incidents of data breaches prove that hackers are perpetually trying hard to access sensitive data. In fact, data breaches exposed more than 6 million data records worldwide during the first quarter of 2023 alone.
Any data breach, even if it is minor, can cause irreparable damage to your brand, including financial and reputational loss. A data breach can be detrimental to your business if you are an online business. This is because 81% of people would stop engaging with a brand online after a data breach incident. That said, data security is crucial for businesses, irrespective of their sizes.
Data Security Solutions and How They Help Businesses
Here are popular data security solutions organizations implement to protect sensitive information.
Data Discovery and Classification
Data discovery is a process of scanning your entire IT environment to locate and identify where structured and unstructured data reside.
On the other hand, data classification is a process to determine the type of data you have found and tag the data to organize it into different categories based on content type, file type, and other metadata.
A data discovery and classification solution helps you gain complete visibility into your data and focus on the most vulnerable areas to enhance data security.
Available as computer hardware and software, a firewall works as an intermediary between your internal network and outside traffic.
It protects your network from unwanted incoming traffic by allowing only configured incoming connection requests.
Your organization may require to use sensitive data for various in-house operations such as software testing, sales demo, or user training. Offering original data for these purposes weakens data security.
Data masking or data obfuscation is the process of modifying organizational data in such a way that it doesn’t offer any value to unauthorized users, but the data remains fully functional.
So start using a data masking tool to obfuscate data before handing it to interns, developers, or the public for business reasons.
Intrusion Detection and Prevention System (IDPS)
As the name suggests, an Intrusion detection and prevention system (IDPS) monitors events in a system or network and analyzes those events for signs of possible incidents. And then, it attempts to stop detected potential incidents to protect a system or network.
Implementing an IDPS can enhance data security in the organization as the system will stop hackers from gaining access to your file systems using malware.
SIEM tools collect event log data from on-premises and cloud environments and analyze logs in real time. So they can detect advanced and unknown threats to your sensitive data, including insider threats, ransomware threats, or data exfiltration.
Data Loss Prevention (DLP)
As the name suggests, data loss prevention (DLP) is a strategy for identifying and helping prevent the unsafe, unauthorized use, sharing, and transferring of sensitive data.
There are two core functions of data loss prevention solutions: identifying sensitive data like personally identifiable information and preventing the loss of such data. And they protect your sensitive data when the data is in use, in motion, and at rest.
So, it is imperative to implement a good data loss prevention system. And if most of your data sits in the cloud, you should also consider using a good cloud data protection platform.
When you encrypt files containing sensitive data, you turn plain text (that humans can read) into cipher text that no human or machine can read. Consequently, threat actors will see gibberish if they get access to your data. Users having a decryption key can turn cipher text into plain text (readable data).
Moreover, an MDM tool allows you to enforce security policies across all devices with access to sensitive data.
You can also locate a misplaced or lost device and remotely wipe sensitive data from a lost device with the help of an MDM tool.
Backing up your critical data is a must. This is because data backups can help protect your data against hardware failure, human error, ransomware attacks, power failures, and natural disasters.
So start backing up critical data assets. Implement the 3-2-1 data backup policy for sensitive data protection. In this policy, you will be creating three copies of data and save them on two different media with one copy offsite.
Physical security plays a crucial role in protecting your organization’s data. Poor or inadequate physical security can lead to a data breach. So take the necessary steps to amp up physical security in your company.
Here are some tips to get started:
Make an inventory of business devices to know where they are, who uses which device, and whether they can take them outside your business premises.
Limit access to areas with sensitive data or devices. Only authorized people should have access to these areas.
Install video cameras to monitor areas with sensitive data and devices.
Also, consider locking down each workstation so none can move to another place.
Your employees are the weakest link in data security. You may encrypt sensitive data, encourage employees to create strong passwords or have the best data security platform. But a phishing email can trick them into sharing their login credentials with a threat actor.
We have listed the top data security solutions below. The list will help you pick the right tool to meet your data security requirements:
Cyera offers a reliable solution for protecting sensitive data. Its single cloud-native platforms offer your organization:
Sensitive data discovery and classification
Data security posture management
Cloud data loss prevention
Data access governance
Automated risk remediation workflows
And the best thing about Cyera is it can discover, classify, and protect data across multiple environments, including software-as-a-service (SaaS), platform-as-a-service (PaaS), and infrastructure-as-a-service (IaaS).
It can also help you prepare for the future by focusing on strong security policies to limit the impact of data exposure.
Imperva is one of the industry’s most complete data security solution providers. It covers 65+ data repositories, from legacy to cloud and hybrid, and helps you know:
Where your sensitive data resides
Who access it
When it is abused
With Imperva, you will have a unified platform for data discovery, classification, and threat analytics. It offers:
Critical insight, including sensitive data location, users, access, and risk
The context in data activity to fill in gaps for incident investigations rapidly
Legacy structured database protection to secure modern cloud data architectures.
What’s more, it comes with 260 built-in integrations to speed up investigation and response. And it allows you to enforce data security policy automatically.
If you are looking for a data security solution to protect SaaS data, SpinOne from Spin.AI is the right tool. SpinOne offers complete SaaS data protection. It proactively protects your data from ransomware, shadow IT, Data leaks, and other threats.
SpinOne comes with many advanced features, which include but are not limited to:
SpinOne supports multiple data centers, including AWS, GCP, Azure, and more.
Secure Access Service Edge (SASE) offers organizations comprehensive security through shielded visibility, data protection, and enhanced edge-to-edge security for all devices within a network. Applying SASE with Nordlayer solutions can help you resolve security challenges in multiple areas, including:
Secure remote access
Working from home safely
Controlled move to cloud services
Key features of Nordlayer SASE framework include Zero Trust, Firewall as a Service (FWaaS), Cloud Access Service Broker (CASB), Secure Web Gateway (SWG), and Device Posture Security.
Forcepoint‘s AI-powered suite for data discovery and classification, prioritization, monitoring, and protection offers reliable data security. Forcepoint makes all your enterprise data visible. You can see where your data resides, from endpoints and data centers to multiple clouds.
With this security suite, you can:
Find and fix exposures of data
Manage levels of data access
Monitor and manage risk levels
Get unified data protection coverage
Receive behavioral awareness
Enforce data security policy
Reduce redundant, obsolete, and trivial data
Forcepoint prevents data loss on the cloud and on-prem devices. It also helps you stay compliant with security standards covering 150+ regions across 90+ countries.
Dig is one of the most reliable data security platforms. Its single solution offers:
Data security posture management
Data leak prevention (DLP)
Data detection and response (DDR).
Dig Security’s data protection solution offers instant visibility into your static data risk, including advanced filtering capabilities on all available cloud security measures.
It protects your cloud infrastructure from the following threats:
Non-compliance with data protection regulations
It prioritizes data security posture issues based on context to minimize the number of alerts. This prevents alert fatigue.
Securiti‘s DataControls Cloud protects sensitive data in the cloud and on-prem devices. It allows you to leverage granular insights into the data to assess risks and prioritize the remediation of misconfigurations. What’s more, Securiti’s DataControls Cloud lets you get insights into whose data may be impacted by a data breach and which regulations apply.
It can help your organization with the following:
Managing data security posture
Preventing unauthorized access to sensitive data
Managing the flow of sensitive data
Monitoring data risks
Analyzing data breach impact
Automating data privacy obligations
Managing data consent
Analyzing data lineage
Building custom workflows
Securiti’s DataControls Cloud helps you visualize data risks with a risk graph and enforce guardrails to prevent unauthorized access.
GuidePoint Security is a leading company offering data security services tailored to the customized needs of organizations.
The company will help your organization in:
Assessing existing cyber security posture
Identifying gaps and vulnerabilities
Removing security solutions that don’t offer optimum security
Suggesting security products and controls that can minimize data security risks
Indexing data security practices in individual business units
Optimizing internal training programs to enhance data security
Deploy security technology that is custom fit to your environment
Leveraging technical innovation required to create a secure IT environment
GuidePoint Security will also help prepare your organization to adhere to corporate and regulatory policies.
With data breach incidents proliferating, protecting your organization’s sensitive data becomes crucial. Failing to do so can result in data exposure, causing substantial financial and reputational damage to your brand. To implement the right data security solutions to amp up data security in your organization.
Sandeep Babu has an MA in English literature from Jamia Millia Islamia, New Delhi. He has been writing in the cybersecurity domain since 2019. He covers cybersecurity for Geekflare, Make Use Of (MUO), and Small Business Trends.
Narendra Mohan Mittal
Narendra Mohan Mittal is a versatile and experienced digital branding strategist and content editor with over 12 years of experience. He is a Gold Medalist in M-Tech and B-Tech in Computer Science & Engineering.
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