Data is your most valuable asset, whether you are a business or a consumer. It’s important to protect it from cyber-attacks and theft, as well as loss. Security of data and privacy is essential. However it can be a challenge to comprehend the difference between these two concepts.

Data security is the policy, tools and methods that are employed to safeguard your personal information from unauthorised access or disclosure. This includes encryption, multifactor authentication, and monitoring of user data. It also has the capability to transfer data between different environments and software applications. Privacy is the right of a person to control their personal data and how it is used. This includes limiting data collection and storage, providing users with the option of deleting personal information and adhering to applicable laws and regulations, like GDPR and CCPA.

Personal information like birth date, name, address medical history, credit card numbers can be considered sensitive information. These details may be used to be used to commit fraud by criminals or provided to marketers without consent. These actions are considered to be in violation of your right to privacy as guaranteed by laws governing data protection.

Data breaches can be expensive for businesses, both financially and in terms of reputational damage. In addition to paying fines and compensation as a result of a data breach, it can cause long-term consequences on trust in customers. By incorporating privacy and data protection into your organization, it is possible to ensure that your data remains safe and secure from costly cyberattacks.

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