August 19, 2022 A Technology Blog

How to build a solid data strategy for your company

Building a solid data strategy for your company entails the protocol that you intend to use to keep off from hacking scandals and data leak. As technology is expanding, cyber attackers are also expanding their reach and improvising data breach methods to defraud companies millions of data either in the form of cash or valuable data. In other words, you must be cautious when beginning to draw up such an initiative because it calls for a long-term commitment. Moreover, you may also need to hire IT support companies like Netzen with cyber essentials certification to keep your company’s data safe from unauthorized access. Remember, hacking is something that doesn’t announce itself when coming. Cyber-attacks can be launched through employee’s swipe badges or through hacking one of their gadgets. In brief, some attacks are so sophisticated that you’ll not even realize immediately unless you are an expert. Therefore, don’t underestimate how indispensable counter cybercrime experts are in as far as building a solid data strategy for your company is concerned.   Data Governance for Leaders: Turn Data Strategy into Actions ... Do you want to learn about other tips? Well, check out on the following:    
  • Centralize data management process
  The modern enterprise is data-driven, and the majority of companies would want to micromanage various data types from multiple locations, which is wrong. Lacking a management tool to tie all that data together puts you at a higher risk because an attack on one of the centers can lead to easier exfiltration from remaining centers. Centralizing the data management process enables a company to test for penetration effectively and even reduce the cost of data protection. Remember, some companies tend to ignore sophisticated data protection practices because multiple centers make it difficult or expensive in the long run.  
  • Post sufficient monitoring and sensitization
  You shouldn’t only sensitize employees and leave it at that stage but also post sufficient monitoring to make sure that they put into practice what they are taught. For instance, you should do rounds to see if anyone sticks passwords on notes against their desks. Displaying such information can put the company’s data at great risk.  
  • Distinguish hardware and software requirements
  You must also be in a position to distinguish between hardware requirements and software requirements in as far as taking precautions against cyber-attack is concerned. For instance, hardware requirements may include physical security at the company premises while software requirements may involve hiring an expert to monitor attempted unauthorized accesses and act accordingly continually. Remember, a cyber-attack can be launched even from stolen laptops and desktops provided they are used to access the company’s servers by employees.  
  • Online scams
  Lastly, you may also need to watch out on online scams because most threats emanate from such approaches. The main reason why online scams are often successful is that most people overestimate what they can do. In fact, recent research showed that online scams hardly require any technical skills and is just the aspect of human bias. Some of the people targeted by online scams intended to defraud companies include top employees or employees who have authorized access to the company’s data. Therefore, you must sensitize all employees about online scams and dubious links, especially when they are working remotely and have to use their smartphones or gadgets to access the company’s servers.

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