Today, in the corporate world everything is dependent on corporate data, meaning losing such data can spell disaster for a corporation. Whether you are the CEO of a multinational corporation or simply an executive, you know very well the significance of corporate data. Though, majority of corporations realize how important data can be for day-to-day running of the business, they consistently fall short or fail to realize the various threats that can affect key directorial data. Therefore, corporation may end up losing millions in lost revenues solely due to loss of data.
On a different note, most corporations that managed to survive through a catastrophic data loss resulting from natural disasters are quick to realize the immediate need to back-up corporate data. As a result, they have opted for multiple servers in different locations dedicated to storing large chunks of corporate data, or perhaps outsourced their data protection needs to a third party that specializes in storing and securing data for corporations.
However, when it comes to data theft, even the best data security measures fail when hackers are determined to steal corporate data, to make matters worse; the perpetrators always manage to get away. So what is the solution to this dilemma? ?What can corporations do to protect their data? The fact is that there?s only one solution that is proven effective against corporate data theft ? Data Encryption. Not just any type of data encryption will do, in order to protect corporate data, military grade data encryption is proven to be the most effective that uses 256 Bit AES encryption technology.? Such encryption is extremely difficult to crack and hackers simply give up their attempts to steal encrypted data. Corporations have realized the benefits of data encryption and are now spending thousands of dollars on cloud backup services that can give them the option to encrypt data before being uploaded to a cloud server.
However, corporate data stored on company desktop computers often contains confidential data; hackers have discovered such data security loophole and have taken advantage of it. To better understand how hackers are able to steal sensitive corporate information you?ll need to put yourself in the following scenario: You are the CEO of a multinational publicly held company which specializes in fast moving consumer goods or better known as FMCG, after surviving a data breach, you have taken several proactive steps in securing corporate related data. As part of your corporate data security initiative, all corporate data now has to be encrypted before being uploaded to a cloud server. Moreover, you have delegated this task to a specialized IT security company, and they seem to be doing a good job of protecting your data. However, one such security loophole unrealized by you and other executives is that unencrypted confidential data stored on your desktop is being illegally accessed by hackers who have discovered this window of opportunity. Consequently, your corporation is forced into bankruptcy due to lost lawsuits resulting from the data breach. Had you protected corporate files on your desktop with software such as Folder Lock, hackers wouldn?t be able to steal such information.
