https://indexdataroom.blog/citrix-sharefile-work-from-anywhere-and-access-files-from-any-device/
As companies embrace remote access, bring-your-own-device (BYOD), the Internet of Things and other technologies, it becomes increasingly hard to keep data private. Data storage and management requires solid infrastructure, strong security controls, comprehensive monitoring, and well-thought out policies on data governance. Additionally, companies might have to comply with multiple types of privacy regulations at different local, regional and government levels. This makes achieving data security difficult and requires regular assessments of risk and updates.
Individuals have the ability to control the way their personal information is collected, stored and used. It allows companies to build trust, maintain ethical practice and drive innovation whilst preserving individual autonomy. Data privacy is crucial for protecting personal information, establishing trust, and ensuring compliance with laws and regulations, ensuring business continuity and preventing cyberattacks that could harm the bottom line.
Data security is the process of safeguarding sensitive data from unauthorised access, theft or loss throughout its lifecycle. Data security entails processes and techniques like encryption, hashing, and tokenization to protect data at rest as well as while it is in motion. It also includes authentication processes and authorizations that validate an individual’s identity in order to determine if they’re allowed access to data. Multi-factor authentication, as an example, can ensure that only authorized users are able to access sensitive data. It also makes it difficult for hackers to access sensitive files. This can decrease the likelihood of a data security breach and also protect confidential communications, intellectual property, or negatively impacting data analytics. Companies often underestimate the the complexity of data security and do not put enough resources into it despite its importance.