In today’s business environment, data is one of the most valuable assets a company possesses. Customer data fuels insights, product/service development, personalized experiences and relevant go-to-market strategies. Many companies routinely share their customers’ data with their partners, which is a key component of their business model.
Data Security and Data Privacy are usually used synonymously, although these are fundamentally distinct concepts:
- Data Security safeguards information from external and internal threats
- Data Privacy governs the collection, sharing, utilization and handling of data
What is Data Security more exactly?
Data Security is how an organization protects its overall data, including personal data. In other words, it is the process of protecting corporate data and preventing data loss through unauthorized access. This means that it prevents unauthorized access, corruption and theft throughout digital information lifecycle. It encompasses all aspects of information security, from physical hardware security to administrative and access controls of software applications. It includes also security policies and procedures for the organization.
What is Data Privacy?
Data Privacy or Information privacy is a part of the data protection area that deals with the proper handling of data focusing on compliance with data protection regulations. Data Privacy is centered around what data and how data should be collected, stored, managed, and shared with any third parties, as well as compliance with the applicable privacy laws.
CTOtech.cybersecurity Data Security & Data Privacy services and solutions are designed to help companies protect their information over the full data lifecycle – from acquisition to disposal.
Our services include:
- Assessments of current risk profile and how this compares to desired state
- Design of Privacy Compliance requirements
- Development of privacy strategies
- Monitoring & Operations (support in operating your control environment)
- Implementation of Security&Privacy processes, policies and controls
Service offerings help our customers to:
- Stay up-to-date with leading services in data security and data privacy
- Observe regulatory compliance in a constantly evolving regulatory landscape
- Forensically identify the scope and nature in the event of misuse or breach of personal information and help organizations take steps to remediate and report the event
- Sustain an effective data protection and compliance management posture, which helps in reducing associated costs
- Protect their brand reputation through the protection of business, customer and other sensitive and regulated information