Are you concerned about data security for your business? You should be. While there are many misconceptions about data security, it’s important to understand the facts so you can protect your business and its valuable information. Here are five of the most common misconceptions about data security and the truth behind them.

Myth #1: Your Company’s Data Protection Can Be Provided Alone By A Firewall

Though a firewall is an integral part of data security, it’s important to understand that it alone can’t provide your business with data security. The best way to keep data secure and stop unauthorized access is to combine a firewall with encryption and other measures such as virus scanning and firewalls on your wireless network.

Data loss prevention (DLP) technologies are not the same as data encryption. While these concepts both work towards preventing or detecting data leaks, they use very different methods for achieving this goal. Data encryption uses strong cryptography methods to encrypt sensitive information; DLP technologies typically monitor activity, such as who is accessing what information, when and how often this occurs, and where this happens.

Myth #2: Cybercriminals Only Target Big Businesses

You might think that cybercriminals don’t care about them due to their perceived lack of value in the marketplace. While it’s true that most cybercriminal activities target larger companies with bigger budgets, many criminal hackers are opportunists who want all your information—not just some of it.

It’s true that cybercriminals are more likely to overlook small businesses since hackers seek out organizations with greater access to financial resources. However, they can still prey upon small-to-midsize companies (SMBs) by tricking employees into giving them data or money—or hacking their way through company firewalls.

Hackers might also steal data from unsecured laptops or mobile devices, spoof websites that SMBs own and use them for phishing campaigns, set up fake wireless networks in public places like airports and restaurants to capture usernames and passwords as people log on without realizing it’s an illegal network, target third-party service providers who work closely with your business so they can gather information about you or poison search engine results to make a business look fraudulent.

So, no matter the size of your organization, it’s important to stay vigilant and take steps to secure company data.

There are several ways you can protect your data from cybercriminals, including:

  • Restricting access via firewalls or other network segmentation methods;
  • Protecting data with encryption technology that makes it useless if hackers manage to steal it;
  • Using software that scans for compromised endpoints such as servers and PCs infected with malware.

All of these strategies involve investing in the right technologies and training employees—which is money well spent. But they also involve understanding what constitutes best practices for cybersecurity and implementing them across your organization.

Myth #3: Cloud Storage Is Less Secure

Many people are concerned by the data security issues of keeping information on a cloud server, but more and more businesses are using web-based software that enables them to share their data with employees or clients without ever storing it on site.

Cloud computing is actually very secure. It’s more secure than most traditional data storage options. With cloud computing, you’re dividing up your data into many different parts and each part has its own level of encryption.

The main disadvantage to this practice is that employees outside the company cannot access files as easily as those within the organization can, which could create communication problems if everyone isn’t on board with this security strategy.

Companies can take additional steps to ensure cloud-based data is secure. For example, you could encrypt the data before it even goes into the cloud or implements strict authentication measures that require users to enter an encryption key before accessing files.

The best way to protect your organization’s data is to use a combination of technologies and procedures designed to give you greater visibility into your network and the ability to control who has access to what information, when they can access it, and how they access it. Here are some additional tips:

  • Train employees on strong password practices;
  • Use tools that monitor logs for suspicious behavior; and
  • Implement two-factor authentication whenever possible.

This will stop hackers from getting into your network in the first place.

Myth #4: Everything Is Password-Protected

The risk increases when the password becomes predictable. A business’ data security is at stake if it cannot protect its assets from hackers. Hackers can get into a company’s system by stealing passwords, writing malicious codes to access specific files, or using packet sniffers.

No matter how strong your passwords are, they will not be effective if there’s no security system in place that will detect and block attacks, limit access to sensitive data and allow only authorized applications to run on the network.

Myth #5: Only The IT Department Is Responsible For Data Security

The fact is the responsibility of data security lies with every individual in the organization. Simply put, all employees must be made aware of how to protect company data by using strong passwords and keeping their devices safe from malware and hackers.

A manager who fails to take the steps necessary to secure company data puts the company’s reputation at risk and can even attract fines against the business if found negligent while handling sensitive information.

We’ve got your back. Our team of experts is ready and waiting to partner with you to create a stellar cyber security plan that drives sales by keeping customers safe. Let us know which misconceptions about data protection for the business above have been the most challenging in your company, or what other questions you may have on how our cybersecurity professionals can help protect your data from attacks. Call us today!

Are You Looking For A Data Security Expert You Can Trust for Your Business?

Managed Technology Solutions, also known as ManagedTEK – IT Security Services & Monitoring, is a managed service provider that provides IT support and security solutions for businesses throughout the greater San Francisco Bay Area. ManagedTEK, was founded on an urgency to empower and protect our community from the digital war on personal security and privacy. We focus and specialize in protecting businesses from falling victim to increasingly complex cyber threats. We use cutting-edge technology along with proven cybersecurity practices to provide support and protection for small businesses. Contact us today for your free consultation!