Prevent Data Breaches
It’s easy to think that only people outside your organization are a data breach risk. However, most privacy laws extend that definition to employees who can view sensitive data, even when they don’t need to know it. For instance, one of the first fines under the General Data Protection Regulation (GDPR) occurred because too many people had excessive access to data. They didn’t need to steal the data, merely the ability to view it was enough.
Stay GDPR Compliant
The GDPR was the first law with extraterritorial jurisdiction, meaning it applies to any company worldwide that collects, transmits, or stores sensitive data belonging to European citizens or residents. Moreover, you’re accountable for any vendors processing data on your behalf. This means you not only need to comply but also require compliant partners, such as DataDome.
Build Customer Trust
Customers want assurance that you’re safeguarding their information. People fear identity theft if their data is stolen. Should your company experience a data breach, customers might decide to turn to a competitor. Protecting their information is vital to maintaining trust.
Protect Revenue
Data breaches and violations of privacy regulations can result in costly expenses. By integrating enterprise-level cybersecurity with data privacy, you can mitigate costs related to:
- Business interruption.
- System recovery.
- Customer notification.
- Fines.
- Lawsuits.
