Being the is inevitably weaved into all of your operational processes. lifeblood of your business, data Whether we’re talking about a or a , can make or break your business. huge corporation promising start-up information security We don't have to search deeply in order to find the repercussions when a to safeguard . business fails confidential information In May 2019 Canva, an Australian tech unicorn and a graphic-design tool website made headlines when confidential data of almost 140 mln users had been put up for sale on the dark web . The average in 2020 is around $150 per one that contains Personally Identifiable Information. cost of a data breach compromised record on this precious commodity. As a result, fall victim to with an average fraud loss of almost $40,000. Cybercriminals prey almost 25% of businesses data breaches So if your company’s New Year’s Resolution is to , read on for to keep hackers at bay and give your the love and care it deserves. amplify data security proven practices valuable information Getting Ahead of Cybersecurity Breaches: Business edition The more data you and employees, the more effort it takes to . collect about your clients keep this data safe Companies are at risk because of the sheer amount of . As a result, their clients are the ones who take a hard blow when data falls into the . stored information they tend to accumulate wrong unauthorized hands To , store only the essential or critical data required for your business needs. mitigate possible risks In case you require additional information, for the time being, make sure to dispose of it properly when you no longer need it. Create a Data Fortress Scammers and hackers are looking for new ideas. Sometimes, they treacherously use a savage . always cyberattack Sometimes, they creep in through a back entrance to your . Sometimes, they send welcoming ‘postcards’ with totally legit links. operating systems or security That is why you need perimeter fences to safeguard . To make your fences indestructible, you need to: your business data Use ; firewalls Make sure your is up and running; antivirus Use a U2F Key or other ; , two-factor authentication encrypt Encrypt and encrypt more; Disable webcams and microphones ( have entered the chat). conspiracy theories Educate Your Employees on Data Security Unfortunately, and are usually among the top challenges faced by companies even in our digital times. email security employee training Not to mention, don’t have the slightest idea of . more than 30% of employees what phishing or malware is In reality, even cutting-edge technologies won’t save companies from , as . data breaches employees are the most common entry points for phishers Therefore, cyber literacy is crucial for organizations with sensitive information. As the suggests, the ideal training cadence occurs with recurrent “live fire” training exercises and constant reminders. Advanced Computing Systems Association (USENIX) every 4-6 months By training and making it part of the onboarding process, companies make sure they don’t find themselves in the headlines. investing in regular cybersecurity Even with emerging technologies and tightening , cybersecurity still presents a weak spot even for the . cyber regulations most tech-savvy companies As threats are becoming increasingly sophisticated, neither small companies nor giant enterprises feel comfortable with . storing sensitive data Subscribe to HackerNoon’s newsletters via our subscription form in the footer.