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Reasons Why Companies Fail In Securing Data

      

Companies accumulate large amount of data every year. The data may include important information like trade secrets, customer information, client database, product/service information, marketing strategies, etc. It is important for the companies to keep this data secured to prevent financial, trade and reputation loss. However, an increasing rate of data breach incidents indicate that most companies fail to secure their data.

Here are some common mistakes that the enterprises make leading to loss of data:

  • Lack of Security Testing: New security features are launched at regular intervals. While it is recommended that businesses should update their security features with newer versions; the switch should be made after proper testing. The companies make the mistake of skipping the beta phase of testing (a testing phase where vulnerabilities of a new security feature are detected and rectified by the technical team of organization). Implementing any new security feature without thorough testing puts the business data at the risk because hackers get the chance to exploit the vulnerabilities and launch a data breach.
  • Forgetting To Map Data: Data movement is an essential component for managing the operations of any business. As the use of online resources is increasing, data movement forms the basis of marketing/ sales strategies, collaborative meeting of on-shore & off-shore employees, process handling between different teams, etc. As the data is regularly moving, it becomes important to keep a track of it. Mapping data is the process of marking the origin, journey and destination of data flow. It also involves keeping a track of every person who interacts with the data, and the changes made to it. This helps the data monitoring team to detect data handling patterns and recognize unexpected interactions at an early stage. However, companies usually commit the mistake of neglecting this important process.
  • Relying Solely On Anti-Virus: Although it is important to install anti-virus software into the computer systems of the organization to detect the malware; it should not be treated as the backbone of the cybersecurity strategies of the organization. Businesses make the mistake of relying solely on anti-virus software instead of installing other security measures that can detect and flag potentially malicious incoming data before it enters the network.
  • Using Outdated Versions Of Security Networks: When considering security networks, companies have to pay attention to three aspects namely security software, security hardware and internal network of company’s systems. Companies often update one or two of these aspects which leaves them at the risk of improper integration of security networks. The outdated versions lead to vulnerabilities in the system which can be exploited by hackers.

It is advisable for the businesses to focus on proper cybersecurity strategies to prevent data breach instances.

For more information about ways to secure data, call Centex Technologies at (972) 375 - 9654.

 

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