Data Loss Prevention (DLP) Strategies for the Digital Era

0
1K

In the digital world, data is the lifeline of any business, be it trade secrets, sales records, customers’ personal data, and other sensitive information. Organizations use this data to create innovations and increase their long-term client base.

However, the current situation is quite different, especially with this surge in cyberattacks, insider threats, and phishing attacks. In a recent report by Forbes, it was witnessed that in 2023, security breaches saw a 72% increase from 2021, which held the previous record. Hence, protecting this data has never been so important.

Organizations can use data loss prevention (DLP), an indispensable tool that monitors, identifies, and protects sensitive data from unauthorized access and leakage, to prevent data loss.

DLP also aids organizations in meeting regulatory mandates such as the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA). These laws and regulations are stringent obligations in an organization that secures sensitive data and notifies the security teams during data breaches. With the help of DLP solutions, CISOs, CIOs, or IT managers can ensure that the right employees are accessing the right data for the correct reason.

For a better understanding of this subject, today’s AITech Park article will discuss data loss prevention, how it functions, software solutions, and the latest strategies and policies organizations can implement for stronger data security.

Reasons for Data Loss in Organizations

With the growing digital data and increasingly sophisticated cyber threats, data loss has become a primary concern for organizations worldwide, and data breaches, data leakage, or data exfiltration commonly cause this data loss.

Cybercriminals steal and transfer data from a network or device in data exfiltration. This act can be conducted by insiders or outsiders who generally perform cyberattacks such as DDoS attacks or phishing, and such data are exfiltrated through login credentials and intellectual property.

insider threats are extremely dangerous because the hazards come from within the company, leaving sensitive data vulnerable to exploitation. According to the website Check Point, it was observed that 43% of all breaches are insider threats, either intentional or unintentional, through company employees or former employees, contractors, and business associates.

It is witnessed that breaches often occur due to employees’s negligence, and there are numerous reasons such as weak security practices, execution of poor cybersecurity training programs, and not applying the principle of least privilege (POLP). Therefore, organizations need to provide comprehensive cybersecurity training for their employees so they comprehend the significance of keeping company data and personal data safe from antagonists.

CISOs, CIOs, or IT managers should also focus on creating strategies around DLP solutions and train employees to adopt cybersecurity best practices when performing their work.

To Know More, Read Full Article @ https://ai-techpark.com/data-loss-prevention-in-digital-world/

Related Articles -

AI in Drug Discovery and Material Science

Rise of Deepfake Technology

Trending Category - IOT Wearables & Devices

Search
Sponsored
Title of the document
Sponsored
ABU STUDENT PACKAGE
Categories
Read More
Other
In-Vitro Diagnostics Market Dynamics, Size and Demand - 2030
Market research “In-Vitro Diagnostics Market Size, Share, and Growth by 2030”...
By Steve Roger 2024-07-16 14:36:15 0 1K
Literature
Plasterboard Market Examining Trends, Growth, and Opportunities: Professional Forecast by Fact MR
The global plasterboard market is valued at US$ 26.65 billion in 2023 and is projected to reach...
By Akshay Gorde 2024-10-28 14:14:17 0 907
Other
What Are The Applications Of Stainless Steel Hexagonal Bars In Construction Projects
In the realm of construction projects, stainless steel hexagonal bars have emerged as a versatile...
By Miawuxi2023 Miawuxi2023 2023-12-25 02:06:33 0 2K
Film
Update News++ Portal Zacarias 875 Vitoria Ribeiro Foto odr
🌐 CLICK HERE 🟢==►► WATCH NOW 🔴 CLICK HERE 🌐==►► Download Now...
By Guifet Guifet 2025-03-26 13:54:01 0 299
Other
Emerging Wireless Telecommunication Service Market Trends 2032: Size & Share
Wireless Telecommunication Service Market Overview: The Wireless Telecommunication Service...
By Larry Wilson 2023-11-15 07:20:35 0 3K