The issue with data privacy is not just a matter of users’ privacy but also to the business itself -
A compromised customer database may cost you customers and future revenue. It’s a giant pain point for both your customers and business alike.
Data breaches and privacy violations have become routine news, a great example being the Facebook/Cambridge Analytica debacle. The latter incident has raised a number of questions about how the social network handled the personal information of 50 million users. Suffice to say, there is a growing need to keep sensitive data safe. After all, this is not just about protecting your company's brand. At stake is the trust that customers place in organizations they engage with and entrust their private information to. By failing to protect their data, businesses can face penalties as well as lose customers. Data breach insurance, once considered a distant possibility, has now become an urgent priority for many businesses. Some companies have tried to secure protection by encrypting their data and requiring strong passwords for access. Others have resorted to implementing more advanced technologies like artificial intelligence (AI) and machine learning (ML) to track and predict cyber threats. What all these measures have in common are two things: They are costly and time-consuming to implement; and they require expert knowledge, which may or may not be easily accessible within an organization.
Whether you are a family-run business, a large corporation, or somewhere in between, it is important that you have confidence in your information security measures. This means having the right security infrastructure and processes in place, as well as ensuring that your staff is trained to operate within these parameters.
How do you know if your information security is up to scratch?
The answer is simple: test it.
Even if you have implemented the very best security measures and have a secure perimeter and strong authentication procedures, there's no substitute for a true penetration test conducted by an outside party. Penetration testing involves experts mimicking hackers and trying to identify weaknesses in your systems. This process is extremely valuable because it allows you to see how effective your defenses actually are and where your vulnerabilities lie. It will also give you the opportunity to address any issues that might be present before malicious parties exploit them.
It is imperative to ensure data is handled with care, lawfully, and with respect to our clients’ end-users and market. As part of our customer-centric approach, we strive to provide a service wherein customer data is kept secure with the use of both internal and external red team tools providing insight to illegitimate traffic to ensure all security incidents are identified, mitigated, and responded to quickly and cost-effectively.
You have probably seen the 7 principles of data privacy before and are applying them to your business, but as a refresher, here they are:
The Principles:
Even with the principles being actively practiced, do you really know that your customer data is secure?
If you are like most companies, the answer is no. You probably rely on your security teams to determine if your systems and processes are secure and are constantly up to date with the latest tactics or exploits. Unfortunately, this task is next to impossible. Data security is a serious issue for companies and it can cause irreparable harm to a company's reputation and even result in financial loss. It's also a very real concern for customers who entrust companies with their personal information. A breach or data leak can also lead to regulatory fines, penalties, and brand damage due to customer attrition.
Are you worried about hackers getting access to your personal data?
We all know that the minute a customer processes a credit card, uploads sensitive data, PII, it's vulnerable to the next hacker looking to make a quick buck. To help you keep your data safe, you may purchase a Penetration test to see where your weak points lie. If your department is approved for a one-time price of $50,000, you can protect yourself from hackers. It's still cheaper than fines and fees if you run into a data breach. But at Sugar Security, we believe in providing a better solution. For a monthly fee of $250, you can get the checkups regularly while not breaking the bank. The suite allows you to find your vulnerabilities before hackers do and fix them. The Sugar Security suite is constantly searching for new ways to break in and lay out the path you might least expect from an attacker. Then we report findings and countermeasures to neutralize any threat before it happens. The result is peace of mind for you and us!
While our suite of cybersecurity services is custom-designed to meet your needs and safeguard your business, we always strive to ensure that your data is being handled with the highest levels of care, legality, and respect. For more information on how we can improve your cybersecurity posture, or for any inquiries about the red team service in particular, please don’t hesitate to contact us!
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