Secure Data Management is a procedure that involves the establishment of company policies and guidelines to maintain the integrity and security of data over time. This includes things like restricting access to data by putting it behind passwords, employing powerful encryption tools and making sure that all logins require two-factor authentication. Also, it is important to ensure that the databases are configured with the most effective practices in mind to guard against attacks, minimize loss in the event of breaches and make it easier to determine which data has been compromised.
It’s important to keep in mind that this is a procedural procedure and that companies must make it a priority to adhere to these rules at all times or face the consequences for being unresponsible stewards of customer data. This could include lawsuits and bad press, or even losing customers who changed brands following a data breach.
Step 1 – Identify All Users & Categorize. This requires forming groups of people who interact with the system, and defining their basic rights. This doesn’t need to be a perfect science, but it should be as detailed and precise as you can.
Following this, you’ll have to establish a “chain of custody” for all interactions and changes to the data. This will aid in defending any future lawsuits, and provide peace of mind for customers who may be concerned about their information being shared with unintentional parties.
https://itcounts.org.uk/third-party-risk-management-and-securing-external-data
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