Posted on: September 28, 2018 Posted by: James McQuiston Comments: 0

Businesses must protect customers’ private data by law. This could include anything from bank details to personal email addresses. Here are just five ways in which you can keep your customers’ data safe and secure.

Understand compliance laws

 

Before implementing data protection measures, it could be worth doing your homework into the various compliance laws so that you know which laws apply to you. Not all companies keep records of customer data – this could include many cash-only freelance jobs. Once you understand the various compliance laws, you can then take steps to protect your company with Jumio’s compliance solutions. You can always ask a business solicitor to fill you in if online guides are no help.

 

Make use of security software

 

Security software could help to prevent cyberattacks which could in turn result in customer data being stolen or tampered with. A good piece of software should be able to offer a firewall against viruses as well as alerting you of suspicious web pages or emails in order to prevent you opening them. If you’ve got a team of employees, try to look for a security software package that can be installed across multiple devices. You make sure that this is regularly updated so that you’re always receiving the best security that money can buy.

 

Limit access to sensitive information

 

You can also protect customer data by limiting who has access to it. This could include encrypting files of customer information with passwords or placing forms or documents in a safe. You can then decide which of your employees you trust enough to grant access to this information (you may decide that you’re the only one who can access this information).

 

Back up your data

 

In case data does get misplaced or destroyed, it’s worth always having some form of backup. Many companies choose to back up data on the cloud as this can be easiest and most secure option. That said, some companies may prefer to back up files on an external hard-drive or by simply printing off physical copies. However you choose to store these backup files, make sure that it’s a secure method.

 

Get insured

 

Cyberinsurance won’t protect your customer’s data from being stolen or destroyed, but it could help to pay out any compensation in the result of a legal claim. Without this insurance, it’s possible that you could be financial crippled by a data breach if your customers decide they want to sue for mishandling their data. You can find these insurance packages at companies such as Cyber Guru. Having digital security in place will lower your insurance rates. You may also be able to take this scheme out as part of a larger bundle in order to save costs.

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