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Data Loss Prevention Tips

Each record lost, according to the Ponemon Institute, costs, on average, $204 to recover. Lose 1000 records (considered a very small breach), and you are suddenly out $204,000! According to the same study, the average cost for a business to recover from a data breach is $6.75 Million. The average cost to implement identity theft, social engineering and data breach training? In most cases, less than $50,000.

The causes are generally simple: perhaps your corporate  data security software and firewalls need updating; employees haven’t been properly trained to destroy sensitive documents they no longer need; executives are surfing on unprotected wireless in airports and hotels; sales teams are gearing up social networking strategies that accidentally release confidential or proprietary information. Whatever the cause, companies and business owners must to step up in 2011.

Check 3 Tips to prevent data loss below.

DLP

We talked much about Data Loss Prevention and Corporate Data Security, but let’s see what does it mean for us.

Sensitive data is our most important asset, yet we tend to spend more time securing our applications, servers and environments than protecting the actual data itself. This will change in 2010 as technologies that directly protect data – things like local hard drive encryption and DLP (data loss prevention) solutions – are more frequently adopted by small and medium businesses.