Data Security: What Can Go Wrong?

If you run a business, you have sensitive data, and if you have sensitive data, then it’s imperative that you protect it. Data security is a very important concept for businesses. In fact, in a worst case scenario, a data breach can lead to a company shutting down permanently. Here are a few things that can go wrong if you don’t properly protect your data.

Loss

Although arguably the least catastrophic of the possibilities, a loss of data would be terrible for any company. At the very least, the data would have to be rebuilt, which could take days or weeks, and thousands or hundreds of thousands of dollars.

Theft

If someone were to steal even a few small pieces of your data, it could cause a string of nightmares for your company. Imagine if some of your customers’ payment information were to get out, or even just their contact information. You could lose dozens of customers within a day or two.

Sold

In one of the worst possible scenarios, a thief or hacker could sell your sensitive data to someone, perhaps a competitor. If a competitor were to gain access to your client list, would your company be able to rebound?

Many companies know the dangers, and they protect themselves accordingly. They protect against loss by creating backups of all of their data, and against hackers by implementing security systems on their network. However, many companies don’t realize that their data can still be stolen and hacked after they throw it away. Hard drives found in the trash can be harvested for data. The solution to this problem is to crush storage devices using specialized methods. For more information, please contact us.

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