Enterprise data privacy is crucial as more teams transition to a hybrid work approach. Take into account these suggestions to improve your organization’s security profile.
Allowing employees to work from home has become a requirement for most businesses. According to some studies, 70 percent of the workforce will work remotely by 2025. Hence cutting-edge technology like cloud networks is essential.
The epidemic has demonstrated the adaptability of our technology, but we also need to think about ways to protect it.
As thieves attack the financial and personal health of people and organizations alike, data has the potential to be weaponized. Organizations must handle personal data with the utmost care because data privacy is referred to as the “new corporate social responsibility” and data as the “new oil.”
Here are five actions you can do to strengthen data privacy at your company:
Table of Contents
Recognize your risk profile
Architectural assessments and penetration testing were useful for enterprises to determine their present risk postures, given the need to change during the epidemic’s early stages.
The majority of businesses, however, have minimal visibility into what changes occurred, how things are connected, and how to proceed now that those temporary adjustments will probably become permanent.
In addition to assisting you in addressing emerging vulnerabilities, a thorough awareness of your organization’s risk posture shows you when to pursue entire security redesigns and other more disruptive changes that you may have put off owing to change fatigue.
Data privacy is the new business social obligation, as was previously said. Around the world, 80 nations have passed some kind of privacy law, with the GDPR in Europe setting the standard.
By 2023, according to Gartner surveys, 65 percent of the world’s population—up from 10 percent at the moment—will be subject to contemporary privacy laws.
Some personal data is captured, sold, and used in the US with hardly any consequences. You may get ahead of future rules or at the very least manage your own data securely and avoid any breaches by establishing and posting policies surrounding how to handle data.
Foster a culture of risk awareness
Your subject matter specialists must be aware of data protection requirements. Having privacy technologists capable of developing and implementing solutions that reduce risk and increase efficiency in your organization can be ensured by certifications like ISACA’s Certified Data Privacy Solutions Engineer.
You should also pay attention to your end users. Since a large portion of the workforce has not been working from an office for the last few years, thus training should include home security.
In the conventional office setting, businesses could provide protections on-premises and exercise management over the technologies and solutions employees use. The training for this new period should cover how people should safeguard their personal assets, which now connect to the same network as their professional assets.
Homomorphic encryption is a mathematical concept that describes an architecture that maintains the structure between two similar algebraic systems.
Without delving too deeply into the mathematics, homomorphism generally gives us confidence that the calculations made on the ciphertext are valid, but to varying degrees depending on the sort of homomorphic encryption utilized.
Anyone can use the public key that the homomorphic encryption user uses. Once calculations have been performed on the data, only a specific person with the corresponding private decryption key can view the unencrypted data.
Homomorphic encryption is best understood as a container containing blocks. The blocks can be moved around in the container with your hands, but they cannot be removed. Access to the contents is restricted to those who have a private key.
Introduce tools that encourage ongoing security hygiene
Any effective security roadmap should include resources that let the company keep becoming better. For instance, it is crucial to encrypt data both at rest and while in transit. Incorporate governance into cloud systems by using the right tools.
Regardless of your enterprise’s security maturity level, protecting your identity is one of the most crucial investments you should make. If identity protection has already been put in place, your effort should be concentrated on endpoint visibility, administration, and security.
Consider boosting that standard if your firm continues on its digital transformation path.
Ultimately, companies must manage personal data responsibly, and consumers must insist that those who don’t face the repercussions. The above tips are a good place to start your organizational data privacy journey.