Essential data protection strategy and best concepts

A data protection strategy protects critical company data from loss and corruption. As with data protection, its goals are data protection and availability

Digital data security preventing unauthorized access, corruption, and theft throughout its existence

Data availability keeping essential corporate data accessible during data breaches, virus, and ransomware attacks

Accessibility and availability distinguish data protection from security. Data protection beyond security safeguards digital data from dangers and unauthorised access

According to IBM's Cost of a Data Breach, the global average cost to remediate a data breach in 2023 was USD 4.45 million, up 15% over three years

Data breach victims often face high fines or punitive penalties. Companies must follow GDPR and HIPAA to protect customer data

Data lifecycle management helps companies manage data entry to deletion. It uses criteria-based data stages to complete tasks

Data encryption uses encryption techniques to transform plaintext into ciphertext

After file destruction, corruption, cyberattack, or natural disaster, backup and disaster recovery entail periodically creating or updating extra copies of files, storing them remotely, and using them to restart firm operations

Data storage management simplifies this procedure by decreasing hybrid and cloud storage vulnerabilities

Incident response (IR) systems and tools help companies detect and stop cyberattacks

According to The Cost of a Data Breach 2023, organisations with high IR defences addressed data breaches 54 days faster and spent USD 1.49 million less

Documenting sensitive data in a mixed IT system is difficult but essential for data protection