Why is Secure Data Management Important?
Secure Data Management is the process of establishing standard practices and company policies https://itcounts.org.uk/third-party-risk-management-and-securing-external-data to ensure the security and integrity of data over time. This includes restricting access to data by using passwords, strong encryption tools and the requirement of two-factor authentication for all logins. It also involves ensuring that databases are configured with the most effective practices in mind, to protect against attacks, limit loss in the event of breaches, and help to identify which data has been compromised.
It’s important to understand that this is a process and that companies should make it a top priority to follow the guidelines in all times or risk being held accountable for the consequences of not being responsible with customer information. This could lead to lawsuits and negative press, or losing customers who changed brands after a data breach.
Step 1 – Identify All Users and categorize – This involves defining all the groups of people that need to interact with the system and specifying what their basic rights will be. It doesn’t need to be a perfect science, but should be as granular as possible so that the access controls don’t become too wide and useless.
Once this is completed after which it is necessary to establish a chain of custody for all interactions with the system and any changes to data. This will make it easier to defend any future lawsuits and give peace of mind to customers who may be concerned about their information being shared with the wrong parties.