Brand loyalty
Data compliance bolsters the customers’ trust and loyalty. Following the increased cases of data breaches, consumers are becoming more concerned and vigilant about the handling of their data. Breaches in data security come with a huge loss in reputation and customer churn.
Attract quality employees
A corporate code of ethics that prioritizes data compliance is valued by quality employees. If an organization manages data and upholds customer’s privacy, employees can safely assume their information will be managed accordingly also.
Avoid negative outcomes
Non-compliance can result in data security breaches and fines.
Improves data management
One of the requirements of GDPR is for organizations to audit the data they hold. Auditing tells businesses what data is at their disposal, how they collect it and hold it, as well as how it can better be organized, stored, and managed.
Data auditing also helps in detecting and disposing of redundant, obsolete, and trivial files. That way, organizations are only left with data that is valuable. Data clean-up cuts down the cost of storage and processing. Also, it is imperative that organizations ensure that they have the best data management technologies.
Businesses can take the opportunity to consider some data management technologies, including data virtualization, in-memory data grids, data integration tools, event stream processing, and integration platforms as a service (iPaaS) for data integration.
The bottom line is that data compliance is a must for any data-driven business.
Cyber Attack Preventive Best Practice
- No security system can guarantee 100% protection against hacking, but a multi-layered approach can reduce the risk. Where was the last public place you visited that had Wi-Fi? How many times do you verify the originality of an email, Whatsapp chat with links before clicking or opening them? These days, nearly every coffee shop, library, airport and hotel offer a way to access the internet from your cell phone or other mobile device. That means the information you have on your devices could be available to criminals in the area. This book is designed to tackle some of the day-to-day cyber security treat, give reader wider understanding on how to tackle, protect user and organizational vital data, to promote data integrity, reliability, available etc. The book is written for educational purpose only. The purpose of this e-book is to inform, educate and guide you on the danger of the 21st century digital evolution, as the world becomes data driving, and few steps to minimize data, privacy, financial and personal data exposure to criminal actors. This e-book covers vital organizational IT policy, data compliance best practice, Internet of Things (IoT), Social medial account management and protection best practice, bank details protection, malware (spyware, adware, cryptohijacking, trojan horse, virus, worm) prevention & removal best practice and mobile device usage best practice.
