A report says almost 25 Million data records were exposed as a result of successful cyber-attacks in only the first three quarters of 2022! These records could have been anything from basic details to banking and other sensitive information. The advancement in technology has also given a birth to many new ways to commit the crimes.

The rate of cyber-attacks is going to continue to grow for a while; however, the negative impact of cyber-attacks can be prevented. A large share of total data leaks happens from the organisational data of large organisations. The risk on the larger organisation is the highest.

For every business, organisational data security is a need of the moment! MSBC Group, a pioneer in custom software development; deals with diverse set of companies to transform them digitally. We ensure to follow the best practices for data protection and security standards that leave no gaps.

In this article, we have listed some of the top ways to ensure the highest level of data security and standards for your organisational data

Upgrade the entire software infrastructure in your organisation to the latest versions.

Often, when we see a software update on our devices containing only security updates, we tend to ignore it! Those new add-on features are exciting enough to do a software update upfront. This behaviour needs to be changed.

Cyber-attacks are constantly evolving. Upgrading software for security updates is a compulsion. Software with outdated security standards are more likely to be penetrated. Thus, keep upgrading your software for all the security updates.

Integrate access controls and firewalls for your data on local servers

Generally, in large organisations, internal data is stored on local servers. Employees using office devices can easily access the information held on local servers; however, it would be best to consider internal threats before it causes any data breach. In order to limit access to information only when needed, access controls should be implemented. This can be done through authentication or assigning role-based accesses as well.

Evaluate external service providers carefully before sharing any data.

Sharing data with any third party outside the organisation is safe if done with the needed care and attention. Any large organisation needs to deal with several external service providers. You will have to share the organisational data with the service providers.

Before providing any data to the third party, make sure to cover everything under strict NDAs and do a thorough background check of the service provider. Check for the certifications and security standards they use for internal data management.

Do regular and comprehensive security audits

Large organisations do have strict policies for regular business audits; however, data security audits are often undermined. Just because a security audit is not a mandatory action, it does not mean it is any less important than other business audits

Investing in regular security audits can pay off heavily in the longer run. Your organisational data is valuable and the most critical element of your business to secure. Thus, keep doing regular and comprehensive data security audits for your organisation.

Give training for self-awareness and a security mindset.

A lack of awareness among any organisation's stakeholders can trigger an unintentional action causing a data breach. Every stakeholder in any organisation should be aware of all the possible misconduct that can compromise organisational data security.

Besides this, every stakeholder should adopt a mindset to know the importance of organisational data security.

These are the top methods to ensure the highest possible security for your organisational data. Feel free to contact us to consult with our cyber security experts further to secure the IT infrastructure security for your organisations.

MSBC Group has proven experience working in some of the most sensitive industries, like Fintech while maintaining the highest security and data protection standards.