Data has replaced oil as the world’s most valuable resource. Today, data has become one of the most valuable commodities in the modern era. Its collection, use, and security are fundamental to the operation of an increasing number of industries. Consequently, cybersecurity is quickly becoming a necessary business procedure and expense, especially for digital transformation sectors. This article at InformationWeek by Mary E. Shacklett sheds light on exponential ransomware attacks and security policies that can help you protect your data.
Why Are Security Policies a Necessity?
Millions of dollars are lost annually due to data breaches. Large and small enterprises are becoming increasingly vulnerable to hackers trying to steal their data and extort their systems. Businesses are often forced to comply with such demands, especially smaller companies that lack the financial resources to recover lost or destroyed data. With an estimated $150 billion in global investment in information security policies and risk management in 2021, it is evident that organizations highly value business security.
Security Policies to Protect Your Digital Property
Develop an end-to-end security defense and strategy by upskilling your network security personnel or hiring experts with specific security knowledge. Create a security approach that is robust and proactive in identifying and mitigating vulnerabilities.Ensure that everyone in your firm is aware of security policies and adheres to them. Installing zero-trust networks that can identify any unauthorized access or devices in a network and utilizing automation to shut them down can optimize edge security. Employees at all levels should get regular security awareness training.Emphasize the importance of maintaining current security best practices to your boards and superiors. Prioritize budgeting for mission-critical security software in their minds. Finally, IT should adopt network “push” automation that distributes security updates to devices and synchronizes security updates automatically.
Furthermore, the author elaborates on hiring IT security auditors, vetting vendors, reviewing employee termination procedures, and regularly updating management about the changing security environment.
To read the original article, click on https://www.informationweek.com/security-and-risk-strategy/7-security-practices-to-protect-against-attacks-ransomware
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