It doesn’t matter if they are proprietary algorithms, groundbreaking software applications or innovative designs companies have poured significant resources into digital intellectual property. The aim is to secure these important assets from theft, unauthorised distribution or reverse engineering. This requires balancing of encouraging innovation and driving growth while controlling access to confidential data that helps ensure compliance with regulations.
Controlled access to confidential data ensures that the right people are able to access the data needed to carry out their duties and minimizes possibility of sensitive data being disclosed. It is also essential for maintaining regulatory compliance as well as fostering trust between partners and customers.
Access control gives administrators to limit who has access to what information on a granular basis, ensuring that users receive only the permissions necessary to perform their job. This reduces the likelihood of unauthorized actions and promotes the principle of least privilege. It also helps avoid costly data breaches that can damage a business’s reputation and lead to financial loss in the form of fines, regulatory penalties and a loss of customer trust.
The best way to prevent the unauthorized access of data is to implement an authentication procedure that uses the combination of user ID or passwords, biometrics and passwords. This will give you an increased level of assurance that the person who is accessing your information is the one they claim to be. Additionally, implementing a central management tool which monitors access and alerts users to anomalous behavior can help to identify suspicious activity quickly. Additionally, limiting network connectivity by using technologies such as private Virtual Local Area Networks (VLANs) or firewall filtering can assist in stopping attackers from moving laterally and possibly harming other systems.