Data security is the safeguarding of data from https://indexdataroom.blog/ unauthorized access, which could result in identity fraud, fraudulent credit card charges or privacy breaches. This includes encrypting sensitive data, using access controls, and implementing multi-factor authentication to ensure that only authorized staff are able to access sensitive information, such as PINs or passwords.

On the other the other hand privacy protection concerns individuals having the right to exercise control over their personal information collected and used, shared, and transferred. This includes the right to request deletion, change or delete their information, as well as control the way it’s used. It also requires compliance with laws such as GDPR and CCPA.

Both are essential to the operation of an enterprise, despite the distinction made between privacy and security. When companies share confidential information or compromise sensitive information, they risk losing the trust of their clients. A strong data privacy practice and framework can help reduce the number of breaches, which allows organizations to avoid costly fines, penalties, and lawsuits.

The first step to ensure the privacy and security of your data is to identify and categorize all of the sensitive information an organization holds that is personally identifiable (PII) and non-PII. Conducting formal risk assessments and regularly scheduled security audits can aid in this process. Utilizing a tool for data discovery is also a great way to find out what information is available, and how employees can access it. Data security and privacy can be improved through a framework that addresses every aspect of how an organization collects data, stores, processes and shares data.