How to avoid non-compliance fines in data breaches?
Introduction
What is Data Breach?
What is a Non-Compliance fine?
In cloud security, a non-compliance fine could be imposed on a company that fails to protect sensitive customer data stored in the cloud, violating industry regulations. For instance, if a healthcare organization neglects to implement required protection measures for patient records, it might face a non-compliance fee due to jeopardizing data security. This fee serves as both a discouragement and a means to establish high standards in safeguarding information within cloud environments.
2023 has seen the biggest GDPR fine issued to date, at over a billion euros.
Learn about how British Airways, Uber, Marriott, and Equifax fell victim to data breaches and had to pay millions of dollars in non-compliance fines. Read here
How can we prevent data breaches to avoid such fines?
1. Understanding the Rules and Regulations:
2. Encryption for Data Security:
How do I implement robust end-to-end encryption? Check out here.
3. Classifying data, Controlling Who Gets In, and Minimizing Consequences:
4. Proactive Audits, Monitoring, and Vulnerability Management:
5. Consulting a Cloud Service Provider:
Conclusion
Taking a careful and proactive approach to data security in the cloud preferably with the help of a cloud service provider who can implement and manage end-to-end cloud security practices can help businesses steer clear of compliance issues during a data breach. It also sets the stage for building trust and reliability in the digital era.
