Can Lack Of A Data Loss Plan Cause Your Business To Fail?

Yes, and in many ways. Every business owner, small or large, knows the importance of their business data. What many don’t realize is that while the chances of a major disaster are quite remote, the majority of data loss is the result of small localized problems. All businesses rely on their accounting data, customer relationship management (CRM), inventory controls, line of business (LOB) applications, point of sale (POS) systems, etc. to manage their day-to-day operations. Losing access to that vital data for any length of time poses a significant challenge to any business. Losing the data altogether almost certainly means the end of your business. Data loss prevention provides a focused security approach to your sensitive data by working to secure the data itself. Once you’ve identified your most critical data and its location on the network, you can monitor it to determine by who is accessing and using it and where it is being sent, copied, or transmitted. The resulting tracking information allows organizations to manage sensitive data more confidently. This not only prevents against data loss but also flags any data being handled in a way that deviates from your organization’s established security policies.