due diligence procedure
Data safety involves policies, procedures and technologies that protect data from unauthorized access or manipulation. Data security is also important to safeguard important information and ensuring that it’s disposed of in a proper manner when an organization no longer requires it. It also helps organizations meet legal and compliance requirements, including data protection regulations like GDPR CCPA, HIPAA and PCI DSS and avoids costly lawsuits, settlements and reputational damage resulting from malicious or accidental activities, such as employee mistakes and ransomware attacks.
Authentication refers to the process of accurately identifying individuals before they have access to or manipulate data. This typically involves using passwords or PIN numbers, swipe cards, biometrics and other methods to confirm identities before giving them access. It is also necessary to keep a record of all user actions and to establish controls to restrict who has access to information or who is able to share it as well as to monitor and spot any unusual or suspicious behavior that could signal a breach.
Classification of data enables organizations to organize and prioritize information according to the sensitivity level. It is crucial to determine the kinds of data you collect and only make use of what’s necessary for your business operations and goals. It is also crucial to have a plan for recovering information if there is a system failure, a natural disaster or data breach. This usually means keeping full backups, differential and increment copies of critical data in locations physically separated from your original storage device as well as networking.
