Data is essential to every company. It helps it run efficiently and profitably. Businesses must balance the need to have lots of data with the obligation to safeguard and secure customer data. The GDPR in Europe and California's CCPA are a major factor in this along with long-standing law such as the Health Insurance Portability and Accountability Act and Securities and Exchange Commission rules which protect financial information of shareholders and the Payment Card Industry Data Security Standard.

The first step to ensure security of your data this article is to categorize and protect all your data. This involves identifying, classifying and determining the access levels for data according to its sensitivity. It is crucial to implement guidelines to protect data whether it's in transit or in its rest. Using a software solution to detect and monitor activities in the file and detect suspicious patterns will help you spot suspicious activity and quickly detect weaknesses like out-of-date or unconfigured software.

Then, a comprehensive plan for recovery and backup that includes physical storage media is crucial. And lastly it is crucial to implement meaningful measures of security, ranging from background checks for prospective hires to periodic training sessions for existing employees, to removing employees who no longer need access to vital systems. Additionally, it's crucial to establish a disaster recovery plan to ensure that your data is secured in the event of a natural or man-made catastrophe.