Advantages of Securing Data
There are indeed several advantages of securing the Data:
- Protection of sensitive informationfrom unauthorized access, use, disclosure, disruption, modification, or destruction.
- Compliance with legal and regulatory requirementsregarding data privacy and protection.
- Prevention of data breaches and cyber attacks, which can result in significant financial losses and damage to an organization's reputation.
- Maintenance of customer trust and confidencein an organization's ability to protect their personal information.
- Facilitation of secure and efficient data sharing and collaboration within an organization and with external partners.
- Enabling the safe use of cloud-based services, mobility and IoT devices.
- Protection against data leakthat can lead to financial losses and reputational damage
- Improving the overall cybersecurity posture of the organization.
Some of the Disadvantages of Securing Data
There are several disadvantages, some of the major one’s include:
- High costsassociated with implementing and maintaining robust security measures, such as firewalls, encryption, and intrusion detection systems.
- Complexity of managingand updating security systems and software, which can be time-consuming and require specialized skills.
- Limited accessibilityand usability of protected data, which can impede business operations and decision making.
- Dependence on third-party securityvendors and service providers, which can introduce additional risk and uncertainty.
- Difficulty in ensuring the securityof data that is stored and processed in the cloud or on mobile devices.
- Difficulty in ensuring the securityof IoT devices and systems.
- Limited abilityto detect and respond to new and emerging threats and vulnerabilities.
- Difficultyin preventing malicious insiders.
- Difficulty in balancing security and usability.
- Possibility of false positives and false negatives.