Businesses that experience a security breach must go through an extensive and expensive recovery process. It is better for companies to prevent a security breach from happening in the first place. Knowing the consequences that security breaches can cause may entice businesses to think differently.
In an article by Inside Counsel, Ed Silverstein discusses how data security has become a hot topic after the Target security breach:
Just how much do businesses lose from data breaches? The Ponemon Institute and Symantec estimated that it costs businesses $188 per record lost.
Prevention is the Best Method
How does a business excel in prevention? You can accomplish this by making the right decisions. This includes preventing unauthorized people from gaining access to your computer systems. It is also important to have a safe and reliable POS system, along with high-quality employees are very trustworthy. Large businesses should really weigh the advantages and disadvantages of a chief information security officer taking on the important responsibilities related to data security.
Understand Where Increased Risks Originate
Understanding where the higher risk comes from can help businesses significantly. For instance, data security breaches increasing as a whole is a worthwhile concern. For those moving to cloud computing, destroying old hard drives with valuable data is an important process, but you must do it correctly. It is vital for these devices to be unreadable in any way for them to be destroyed entirely.
Do Not Forget about DVDs, CDs, and Blu-rays
If your company has sensitive data on any of these devices, getting professionals to destroy them is essential for ensuring top-notch security. It is not worth taking shortcuts with data destruction, especially when considering how much money each record lost consumes.
Contact us if you are interested in destroying data to maximize data security for your business.
