Understanding Website Data Security And Its Importance

August 10, 2017

With the rise in hacking and malware incidents all over the world, the importance of website data security is being recognized by all those who have any online presence. As per KSN data in the first quarter of 2017 Kaspersky Labs detected and foiled around 478,528,279 malware attacks in almost 190 countries across the globe. This leads us to evaluate the importance of protecting the data from any such attack as it not only leads to loss of revenue but resisting the same also becomes a huge task for the IT department of any firm. Let us try to gauge the criticality of website data security and why it should not be ignored in the present times.

Data is an asset

A person who has setup his own business also has a wide range of information to protect. This information includes data about your customers, clients and the kind of services or products that the company deals. Apart from that, no business works without a strategically drafted business and financial plan. This information is also at stake if adequate attention is not paid to implementing data protection services. At times firms pay adequate attention to all other aspects of website development services but forget to keep the security concerns in mind. Use the services of website security companies as they can provide you with techniques that help in keeping the loss of your data under control.

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Business reputation

Your customers while buying your services are entrusting you with some of their very important information. This includes their billing details and credit or debit card information. Any attack on data security solutions leads them to consider you as the party responsible for the same. Your reputation hence comes under the scanner even as you try to reduce the impact of the attack. The truth is that website data security cannot be taken for granted as a malware attack can transpire at any time or occasion, and you might not even be prepared for the repercussions. Consult reliable data security services to know how to deal with such a tricky situation if in case it arises.

Loss of revenue

After the recent Ransom ware attacks on different companies Oesterman research conducted a survey among 1000 small and medium businesses in the month of June 2017. Nearly 22% of the sample size had faced ransom ware attack in the last year and ended their operations because of the same. Around 15% of them even claimed that they had lost a sizeable share of their revenue due to the impact. Not only does the business have to stop its operations for the time the attack is on, but the losses can also sometimes be of such high proportions that it becomes difficult for them to bounce back. There are data security providers who are well adept in handling such kind of exigencies and will let you know how to keep your losses minimized.

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Handling government regulations

Governments all over the world have become very stringent with regards to the use of data in any organization. In the case of non-compliance, a business would have to face extreme consequences. Many country laws hold the higher officials of the company responsible for any breach of online data security regulations. Most of such rules direct what information needs to be hidden and for how long. In the year 2013 Adobe faced a data breach which led to the information of half a million customers being sacrificed. Finally, in 2016, they had to pay a fine of $1 million to the government for being careless about protecting their data. This judgment was given to make firms understand the implications of not considering website data security of prime importance.

Productivity issues

Though this is a topic which is not concerned vital the fact remains that if employees are busy tackling customer issues, then that leads to valuable hours getting lost. Since there is no help regarding having data in hand the method to solve these issues becomes all the more complicated. Any data loss would also lead to your applications, IT systems, and website data security software failing. In case you do not have a web security policy in place your employees may end up wasting their time during a downtime. This leads them to not being able to work up to their capacity hence leading to a productivity loss.

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Website data security and system process failure

As per Symantec’s survey in last quarter of 2016, the number of cloud apps used in any organization has risen from 774 in the year 2015(First quarter) to 928. The percentage of data being shared through the cloud is now at a decent number of 25 showing the kind of growth possibilities to the same. Any loss of data may lead to certain cloud based apps going totally off the radar. Sometimes the data loss may not be recoverable leading to companies having to face massive system crashes. Often the data may be retrieved, but until the time that is done, valuable information remains at stake. It is wise then to implement cloud computing security as that can stop your data from being at the hacker’s mercy. Look for a trustworthy cloud security services provider as that is your only savior in such a moment of crisis.

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Conclusion

In today’s competitive times it is expected that a business should operate 24*7. The customers are extremely demanding, and they want that the company to be available at their beck and call at all times. Any downtime is just not tolerated as most of the customers then willingly move on to other competitors.

This fear of facing major revenue losses leads to most companies opting for website data security services. It is critical to understand that only e commerce data security is not the one requiring maximum attention. Website data security services exist in all kinds of sectors like health, manufacturing, financial and service. Even if a human is not available to take orders, modern day bots still ensure that work keeps going on. It is required that businesses understand the pressure of this non-stop working and handle their computer data security keeping this thought in mind.