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Why Are Organizations Focusing on Data Security?

Smart Data Collective

The International Association of Privacy Professionals reports that there were 1,862 data breaches in 2021 alone. Organizations must make data security a top priority. Those that do not risk bankruptcy, as the costs of data breaches are horrifying. Rising Data Breaches Have Made Greater Data Security a Necessity.

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6 Reasons to Boost Data Security Plan in the Age of Big Data

Smart Data Collective

Therefore, it should be no surprise that the big data analytics market is projected to be worth $655 billion by 2027. However, the rise of big data has also led to greater security risks. Businesses need to bolster their data security as a result. Sadly, the proliferation of big data comes at a cost.

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Data Security Standards Are Evolving in Response to Rising Threats

Smart Data Collective

In 2018 alone, over 1,200 data breaches were orchestrated and nearly 450 million records were compromised. We have a problem with data security. We are more than 70 years into the digital age. Better Government Regulation. In the future, this particularly sensitive data will be much better protected.

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Good Data Governance Must Go Hand in Hand with Digital Transformation

Dataversity

Good Data Governance is often the difference between an organization’s success and failure. And from a digital transformation standpoint, many view technologies like AI, robotics, and big data as being critical for helping companies and their boards to respond to events quicker than ever.

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5 Strategies For Keeping Your Company’s Sensitive Data Secure

Smart Data Collective

It’s vital that you arm yourself with the right tools to avoid hacking, theft, or data loss. By keeping your company’s data secure, you protect your company’s reputation and reduce the financial burden of dealing with a data breach aftermath. Follow data security best practices when sending mail.

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VPNs Are Crucial for Data Security on Public Wi-Fi

Smart Data Collective

Data security is a greater concern than ever before. There were 1,862 data breaches in 2021 , which is a 20% increase from the previous record set in 2017. You have to take stringent measures to secure your data. VPNs Are Invaluable for Data Security. Anything can go wrong anytime.

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Takeaways for Businesses in the Rapidly Evolving Data Security and Privacy Landscape

Dataversity

As more and more businesses jump into the digital transformation bandwagon by leveraging cutting-edge tools and technologies, data security and privacy challenges have also increased. Even though customer privacy and security may seem interchangeable to most of us, both are distinctly separate yet interrelated concepts.