What Are Data Security Risks? 5 You Need to Know About

Businesses across all industries are racing to embrace digital transformation. At the same time, serious dangers in the form of data security risks lurk in the shadows.

Each day, businesses face a multitude of cyber threats from sophisticated hackers and bad actors. As for the consequences of enduring a cyberattack? They’re severe. According to one recent IBM study, the average U.S. data breach costs upwards of $8.19 million.

Think a data breach won’t ever happen to your company? Think again. Hackers frequently target even the most sophisticated organizations. Companies like Uber, Experian, Sony, Anthem, and Target have all been attacked in the past few years.

Chances are that your company has far fewer resources than any of these five. In that light, your business is probably even more vulnerable than they were.

When a hack occurs, immediate financial losses are only one piece of the puzzle. Data breaches are extremely disruptive to business. If your customer finds out that their data has been stolen, there’s a high probability that they will be hesitant to transact with you down the road. What’s more, you could also have your intellectual property (IP) stolen, leading to even greater losses in the long term.

If you’re concerned about the data security risks that your business faces, you’re not alone. A recent study revealed that 44% of U.S. CEOs feel that the risks involved with digital adoption are preventing their businesses from moving forward. Companies are literally chained to their old ways because they aren’t sure how to protect themselves against modern threats.

Before we examine what you can do to reduce the likelihood your business suffers a data security setback, let’s take a step back and get our definitions straight.

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What Is the Difference Between Data Integrity and Security?

what is the difference between data integrity and data security

In this post, I want you to join me on a mission at a fictitious company called Hackme Corporation. Your mission, should you choose to accept it, is to send Hackme’s year-end financial reports to third-party authorities while making sure no one can change the documents along the way. I can assure you that this blog post won’t self-destruct in 10 seconds. However, it will discuss what data integrity is and how to use it, and highlight the key differences between data integrity and data security. Then I’ll share a common myth about encryption and answer the question, can you use encryption for data integrity?

Let’s get started.

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What Does a Data Security Analyst Do?

what does a data security analyst do

Who wouldn’t want their data to be secure? Data security plays an important role for individuals and for organizations ranging from startups to multi-billion-dollar companies. But when it comes to security in data centers and on networks, things get a little complicated. And that’s where a data security analyst comes in.

In this post, you’ll find out what a data security analyst does and why your organization might need one. You’ll learn about these topics:

  • Who needs a data security analyst?
  • What does a data security analyst do?
  • How could you become a data security analyst?

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