Today, data privacy is becoming increasingly complex and elusive. It seems that in today's world everyone has an online presence. This includes various social media accounts, online bank accounts, membership accounts, utility company accounts, service accounts, and the list goes on and on. Even normal everyday users who don't do much online will have a dozen or more accounts they can think of.
When analyzing the data leak that resulted from the Facebook scandal and other recent data breaches, there are quite a few lessons that organizations can learn from. It helps to identify key areas that can help companies today bolster data loss and data leak protection. They include the following:
1. Data loss and data leak disasters are extremely costly
As shown with the Facebook scandal, data leak disasters can cost organizations millions or even billions of dollars, ruined reputation, and damaged brand image.
2. Stake holders, consumers, customers, members, and subscribers hold the owner of their data responsible when data is leaked
Even if another enterprise is was responsible for the leakage , the responsibility in the eyes of stakeholders and end users is assumed by the data holder.
3. Third-party apps integrated into cloud-based applications can be risky, or even dangerous
Organizations must scrutinize third-party applications closely and analyze data integrations with company data, and their implications on security.
4. Ransomware is extremely dangerous
It can result in total paralysis of business operations due to compromised systems being inoperable.
Along with data leak protection and cybersecurity measures, data protection is necessary. It is extremely likely for most organizations to experience some sort of cybersecurity event in the course of their operation. Making sure data is protected is extremely important.
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