Data Security Platform

What is a Data Security Platform? Elements, Benefits and More

What is a Data Security Platform?

It’s time to say no to data breaches and ensure the safety of your workplace by using highly competent data security platforms! 

Quick Summary: Data security platform might be the only available option for you to fight off emerging cyber crimes and threats. But, before committing to any one platform, it is essential to know what a platform for data protection means and how it will advantage your business in the long run. So, here is a detailed guide on the data security platform, its pros, and an exquisite platform you can always turn to for protection.

Introduction

With the ever-increasing use of digital or online services, almost every business has shifted to virtual ground. It is entirely understandable, seeing how only a bunch of customers prefer the physical mode. When everyone’s favorite global network, the internet, has made it convenient for one to engage in the market conveniently without leaving home, big and small businesses accepted the new trend with open arms. And unsurprisingly, it turned out to be a profitable decision. However, nothing good comes easy.  

The first half of 2022 ended with over 53 million people becoming victims of cybercrimes like data leakage, breaches, and data exposure. The FBI reported $43 billion stolen using business email compromise since 2016. All these statistics undoubtedly raise the need for a reliable and secure security platform. 

Read ahead to learn what a data security platform is, its benefits, its significance and if it is finally time for you to contact one!

What is a Data Security Platform? 

A single attack can tarnish your organization’s reputation, lead you to financial loss, reduce your shareholders and investors, and become a farewell for many of your regular and loyal customers. What is more terrifying than all that? You can lose everything you built so far in a blink of an eye. It is advisable to take cautious actions to safeguard your company’s value and goodwill. And these actions come in the form of a reliable data security platform!

A data security platform is a solution to shield your organization from various virtual attacks by combining traditional security tools with the latest innovations. These platforms conjoin the functionalities to detect any potential threat or underlying danger and take appropriate actions and steps to prevent it. Further, data protection platforms are comparatively cheaper than several disparate security tools.

What are the main elements of Data Security?

A good and reliable data security platform comprises three core elements that an organization must comply with- confidentiality, integrity, and availability. Also known as the CIA triad, they protect organizations from several types of danger. They are a foundational starting point when developing policies, strategies, and controls to safeguard the firm’s digital environment.

Let’s understand the three pillars of Data security:

 Confidentiality

Every data will be accessible to everyone if there is no confidentiality, which can prove disastrous. That is why the first principle ensures that the data is available and limited to only specific individuals instead of every employee in the company. Sensitive information is secured by applying various strategies like permissions, verification, authentication, and authorization to give access.

Integrity

It refers to the consistency and accuracy of the data. If the information is inaccurate, it implies it has been tampered with or is a sign of a cyberattack or vulnerability. Integrity also means safeguarding the data in compliance with various regulatory guidelines. This element requires data encryption techniques using transit, hashing passwords, incorporating version controls, and leveraging detection whenever someone intrudes to maintain data integrity.

Availability

Applications, systems, and data must be constantly available. If a system or application is down or unavailable, it may be because of a cyberattack. Moreover, unreachable and unattainable applications can slow down or hinder a business process.

What is the importance of a Data Security Platform?

It doesn’t matter if your company is small or big; you can not jeopardize your company’s data and reputation by neglecting its security. Condoning data safety can impact your business in a way that can leave you forever culpable. When cyberattacks and security incidents continue to reach new peaks each day, it becomes critical to espouse effective data security platforms. Additionally, data protection platforms are significant for many more reasons. For instance,

Cyber attacks

In 2021, there were approximately 24 thousand cyber security incidents worldwide. Out of which, over 2 thousand incidents were concerning small companies and industries, while the professional and public sectors detected more than 3 thousand and 2 thousand cases, respectively. Every day comes with news of a new cyber attack.

Data security platforms ensure to identify potential threats before the attacks and take effective measures against them to prevent you from falling into the hackers’ ploy.

Protects your company’s reputation

A breach or tampered data can affect your organization more than you can imagine. With so much competition in the market, it is vital to maintain your goodwill to keep the customers coming. Inaccurate information can break your bond with your loyal customers in a minute. That is why it is crucial to take precautions and employ data security platforms to maintain authenticity.

Automated attacks

One of the reasons to have a data security platform is to save your business from automated attacks. Many times, the attacker sends bots to harm the company’s system. Moreover, such attacks can divert the attention of your security team, giving the hacker enough time to break into the company’s network.

Avoid unnecessary expenses

A data breach or loss endangers your company’s reputation and costs you in monetary terms. If you were ignorant about the earlier security incidents, it is time to pay extra attention to them using data protection platforms.

What are the benefits of the Data Security Platform?

All the 24×7 customer service, thousands of emails, and daily marketing campaigns to satisfy your customers are unquestionably excellent ways to strive for your business. But, unknown to you, somewhere, someone might be tracking your daily activities to strike your reputation. The rising number of cyberattacks annually is no less than a reminder to take assistance from a highly effective data security platform. If you are unsure about it, contemplate the hefty benefits a data protection platform brings with it:

Enhanced data management

Analytics and data are the pivotal elements of marketing strategy. It is crucial to adhere to data security regulations by staying updated with their latest guidelines. Data security platforms conform to rules and modify the information per your business requirement. A good data security platform enhances privacy and operational activities and paves the way to productivity.

Protects your business’s goodwill

Customer trust is one of the primary fuels that keeps a business alive. Any misleading or false information published with your company’s name can cost you substantially. Data protection platforms affirm to secure your sensitive data and alert you in advance whenever they locate a potential threat to the organization.

Better security

You can level up your company’s Authorization security by using security platforms. Not every piece of information is for all employees, and you can shelter the data by applying various validation steps to access it. For instance, an employee will take permission first, then undergo the authentication and verification process before viewing the confidential information.

Shields your business from external and internal threats

Believe it or not but your business is never safe. Many hackers wait for the perfect opportunity to execute their plan to access the organization’s private information. However, the attacker doesn’t need to be an outsider in every case; it can be an insider too. Internal threats are easily avoidable by implementing robust access control and security.

How can our product NewEvol help your company?

NewEvol has been recognized as one of the Top Cybersecurity Companies in Michigan by DesignRush

It is no secret that cyber attacks are unfortunately becoming common in the corporate world. From small businesses to large firms, these digital crimes leave no one and ensure severely adverse effects. But, you do not have to expose yourself to them, and certainly not when our NewEvol is here to shield your business. Steer away from landing into the traps of preventable attacks by making the appropriate and correct security decisions.

Now, what makes our NewEvol special from others? NewEvol, built with advanced technology, stands unbeaten to protect your firm’s data against any potential cyber threat and vulnerability. This next-generation tool is designed to analyze, detect, and counterattack threats. NewEvol allows you to identify abnormal activities in your company’s system and remediates with automation, saving time and effort.

It follows a strategy to save your company from any inevitable harm or danger:

  • Data Lake, our data management solutions, aids data engineers and clients to meet challenges and presents novel real-time analytics.
  • SIEM helps monitor and analyze data for threats in real-time and respond to them immediately.
  • Our Analytics assist in achieving predictive analytics based on threat hunting.
  • Orchestration and response will enable you to respond to the alerts in a single click.

It does not end here! NewEvol accompanies multiple benefits you can cultivate. For example,

  • It is equipped with security operation solutions to prevent any data breach.
  • Efficiently manages cyber threats using machine-assisted techniques.
  • NewEvol provides real-time visibility, identification, and quick responses.

Ready to protect your enterprise data across multiple environments? Request for a demo today!

Krunal Medapara

Krunal Mendapara is the Chief Technology Officer, responsible for creating product roadmaps from conception to launch, driving the product vision, defining go-to-market strategy, and leading design discussions.

September 26, 2022