The loss of data, also known as a data leak, is a major issue for businesses in the modern era of Big Data management. The most severe consequences for a business or organization suffering a data breach are the loss of public trust, reputation, legal protection, and financial stability. While the data is being used to deceive others, it is being stolen from those whose data was stolen from them.
leakage is different from data embolism. Data leakage typically occurs unintentionally due to poor data security or user error. Meanwhile, data breaches occur due to deliberate attempts to compromise a system and gain access to private information.
Companies need a system that is up to industry standards for safe database management. Therefore, it is imperative that every department in an organization is aware of the issue of data bloat and is familiar with its causes and potential solutions. Then why is data protection so critical, especially for large businesses? Why does data loss occur, and how can it be prevented? Read on down below!
What Causes Data Corruption?
Data tampering occurs when private information is transferred in an insecure manner, whether digitally or physically, and is accessed by unauthorized parties. Web and email are common vectors for malicious data corruption attacks. Can also be done with cellular data storage devices like flash drives, hard disks, and laptops.
Some of the sensitive information below could be stolen by an unauthorized party in the event of a data breach.
- Identification data including but not limited to: full name; street address; telephone number; email address; user name; and secret phrase.
- User actions, including purchasing habits, payment methods, and typical web navigation styles.
- Credit card data including card number, expiration date, mailing zip code, and more.
- Users’ information isn’t the only thing that number is looking for; it’s also going to steal company secrets like email, internal company communications, business strategies, and more.
Data corruption issues arise as a result of two interrelated phenomena. On the one hand, we live in an increasingly digital age, which means more and more information is being stored digitally. As a corollary, the financial incentives for perpetrators of digital crime are growing as data’s value rises. More recently, the phenomenon of cybercrime economy has emerged; this occurs when insider data breaches are followed by financial transactions. This typically occurs at service provider businesses like digital platforms and online stores.
What Causes and Effects Do Data Loss Really Have?
The origins of data corruption can be found both within an organization and in the wider world. There have been several recent cases of data leakage, including the disclosure and subsequent online sale of personal information belonging to 279 million Indonesians on the hacker forum Raid Forums. A similar incident occurred at Tokopedia and other marketplaces a year ago. Several causes, including those listed here, often contribute to this kind of situation:
The SDM Failure Due to Human Error
The majority of data corruption is the result of human error. Some employees, for example, are careless about sending sensitive information or publishing it online. Use the “balance all” button in an email with thousands of recipients if you need to send confidential information.
This situation can also arise if a programmer makes a publicly accessible database that search engines can access; this is the state in which company secrets are no longer protected and anyone can gain access to them. In the event of such an error, those who wish to safeguard the company’s information system will secretly record the relevant data for future reference.
Despite this, all cases of undisclosed data leakage still lead to legal consequences and reputational harm.
Malware (Malicious Software)
Malware, short for “malicious software,” is coded with the express purpose of wreaking havoc on a computer system. Such information can be introduced via email attachment, internet download, or infected software.
As well as causing damage to computer systems, malware can make data theft possible. As a result, you should exercise caution before accessing suspicious websites or opening emails from unknown senders. Both have become common ways for malware to spread, making data security more difficult and potentially risky.
Unreliable worker in the field of commerce
Many data losses do not occur through electronic channels. However, a malicious coworker could also be to blame. There are legally binding contracts in place to guarantee trust between employers and employees. However, no one can stop them from revealing secret information if they are not satisfied with management or have been promised large sums of money by criminals from the outside world. This form of data loss is commonly referred to as data extortion.
Criminals can take advantage of the fallout from information overload, particularly in scam and social media related crimes (social engineering). In addition, the following are some of the consequences that data leakage can have for businesses:
Firms that take extra precautions to safeguard their customers’ personal information are seen as more reliable by investors.
Can lead to lost productivity for businesses that aren’t careful to preserve research findings, new product designs, marketing strategies, and other such intellectual property because those involved are likely to leave for competitors.
When a company experiences a data breach, especially involving customer data, it can suffer a severe blow to its reputation in the business world. Farther out, a company’s inability to maintain its information will lead to a decline in its business reputation on both the national and international stages.
How Can We Fix the Data Clutter Problem?
Data security focuses on the process and implementation, including trust that is bolstered by the SDM’s honesty. If the procedure doesn’t account for it, problems will arise. How do you fix data corruption? Read on for further examination.
1. Building Up Safety Regulations
Companies that store customer information must develop policies that employees must follow. One simple example would be a rule prohibiting employees from leaving their work computers or laptops logged in or unlocked.
Companies that give their employees more access than they need to evaluate that decision again. Goal is to prevent unauthorized access to private information by employees. Policymakers should protect these access rights and design strategies with workers’ needs in mind.
2. Method Two for Managing and Controlling Email Content
Frequently, email data becomes corrupted. It is possible for businesses to implement email content controls to prevent such incidents. IT should pay close attention to the email filtering process, both inbound and outbound.
Already-read emails can be sorted into a number of categories, including spam, viruses, scams, and more. The technology can also alert the administrator to any internal threats. Users can be alerted by the system if they attempt to send confidential company data outside the company.
3. Protection using Information Security Software Applications
It is important to be thorough when going about the process of sealing up data leaks. Workers’ personal devices, such as computers, laptops, mobile phones, and others, need to be trained on in addition to the rules and controls governing email. The point is to protect them from scams perpetrated by criminals in the real world.
4. Improve Data Security
If a security system is compromised and not immediately patched, hackers may be able to access private information. To stop sensitive information from falling into the wrong hands, it’s important to use a secure system.
There are a number of approaches that can be taken, including conducting comprehensive penetration tests and bolstering cyber security within the company.
Acer Cyber Security provides services to protect critical data in the enterprise, government, or e-commerce sectors from cyberattacks.
At the same time, in this digital age, we can’t afford to lose sight of the need for innovation or to disregard concerns about data security. A company needs to use both manual methods and cloud computing to protect its data. The success of cloud computing depends on the needs of the business, and it can be implemented with little risk and no capital outlay.
The Acer Altos T 400 Cloud Terminal is one example of cloud computing hardware that can meet the needs of a business. This system is supported by AI-based solutions and technology from Altos Brain Sphere.
The system relies on a powerful server to handle a wide variety of computing and management tasks, each of which is performed by a separate Terminal Cloud. In addition to a simple setup and maintenance process, this hardware comes with a VESA Mount, allowing it to be physically attached to the back of the monitor, out of harm’s way of any would-be thieves.