Data Security and Privacy Protection – What is the Difference?

If you’re a consumer or a business owner, your data is your most valuable asset. It’s crucial to protect your data from cyber attacks or loss or theft. Data security and privacy protection are both vital to this. However it can be difficult to distinguish between these concepts.

Data security involves the policies, tools and techniques used to protect personal data from the risk of disclosure or access by an unauthorized person. This includes encryption, multifactor authentication, and monitoring of user information. This also includes the capability to transfer data between different software applications and environments. Data privacy is the right of a person to control their personal information and how it is used. This includes restricting the collection and storage of data and giving users the option to delete their personal data and complying with relevant laws and regulations like GDPR and CCPA.

Sensitive data can include personal details, such as name, address dates of birth medical history or credit card information. These information can be used to commit fraud by criminals, or sold to marketers without consent. These actions are considered as an infringement of the rights to privacy that are protected by the laws protecting data.

Data breaches can cost businesses high prices both in terms financial losses and reputational damage. Apart from paying fines and compensation as a result of a data breach, it can have long-term effects on trust among customers. By incorporating data protection and privacy into your business it is possible to ensure your data remains safe and prevent costly cyberattacks.

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