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Data Security and Privacy Protection – What is the Difference?

https://indexdataroom.blog/6-ways-to-improve-your-data-security-and-privacy-protection

Whether you are a consumer or a business owner, data is your most valuable asset. It is crucial to safeguard your data from cyber-attacks, theft or loss. Privacy protection and data security are both essential to this. However it can be difficult to comprehend the difference between these concepts.

Data security is the collection of policies, tools, and methods used to guard personal information from unauthorised access. This includes encryption, multifactor authentication and monitoring of user information. Additionally, it allows to transfer data between different environments and software applications. Privacy in data, on other hand, deals with a person’s right to control how their personal information is used and shared. This includes limiting the collection and storage of data, giving users the option of deleting their personal information, and adhering with relevant laws like GDPR and CCPA.

Sensitive data could include personal details, such as name, address and date of birth medical history, and credit card information. These data may be used to make fraud by criminals, or provided to marketers without consent. These actions are considered to be an infringement of the right to privacy protected by laws governing data protection.

Data breaches can be very costly for businesses, both financially and in terms of reputational damage. A data breach can cause long-term damage to customer trust as well as the cost of fines and compensation. By adding privacy and security for data into your organization and ensuring that your data is secure and avoid costly cyber-attacks.

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