{"id":8424,"date":"2022-07-25T16:11:56","date_gmt":"2022-07-25T16:11:56","guid":{"rendered":"https:\/\/www.securecloudaas.com\/?p=8424"},"modified":"2024-01-08T17:42:36","modified_gmt":"2024-01-08T17:42:36","slug":"what-is-data-loss-prevention-why-is-it-essential-for-your-business","status":"publish","type":"post","link":"https:\/\/www.securecloudaas.com\/what-is-data-loss-prevention-why-is-it-essential-for-your-business\/","title":{"rendered":"What is Data Loss Prevention? Why is it essential for your business?<\/strong>"},"content":{"rendered":"\n

Whilst data threats and leakages can occur in any organisation, it is small-to-medium businesses (SMBs) that are most susceptible to data loss incidents. <\/strong>Indeed, cybercriminals often target smaller businesses as \u2018low-hanging fruit\u2019 as a mixture of inadequate security infrastructure and insufficient staff training leads them to be particularly vulnerable to data incidents.<\/p>\n\n\n\n

Data leaks are costly. According to IBM<\/a>, the average number of days to identify and contain a data breach is 287 days at an average cost of a data leak stands at $4.24 million – or $161 per lost record.\u00a0<\/p>\n\n\n\n

That\u2019s where data loss prevention (DLP) <\/strong>solutions come in. Data Loss Prevention is vital for information security <\/strong>and helps protect your critical information from data leakages. <\/p>\n\n\n\n

What is Data Loss Prevention? Why is it essential for your business? What are the common causes of data leaks? How do DLP solutions work? <\/p>\n\n\n\n

In this article, we\u2019ll explore the world of data loss protection and cover why your small-to-medium business needs to invest in a DLP solution. <\/p>\n\n\n\n

What is Data Loss Prevention? <\/strong><\/strong><\/p>\n\n\n

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Businesses often handle sensitive information & data such as financial information, customer data, health records, trade secrets etc. that should never be lost or be placed in the wrong hands.<\/p>\n\n\n\n

Data Loss Prevention<\/strong> – or DLP – is vital for ensuring that this sensitive data is not leaked, accessed by unauthorised users or lost<\/strong>. Essentially, DLP aims to protect sensitive data and prevent employees from sharing it with unauthorised users.<\/p>\n\n\n\n

DLP solutions are software packages that scan your network and detect detecting and potential data breaches or exfiltration, and help information security personnel look for unauthorised destruction of sensitive data. <\/p>\n\n\n\n

The primary responsibilities of such a solution are as follows: <\/p>\n\n\n\n