The Importance Of Ensuring Data Security Accountability Essay

In today’s advanced world of technology, valuable information holds the same amount of worth that of new world currency. Since information is highly important, it is crucial that it remains secured. This is ultimately covered by data security and privacy. Online data is a hacker’s dream, as it holds the ultimate value of materials for these cybercriminals. For example, on a broader scale, banking information can be worth over a thousand dollars depending on the account balance. If cybercriminals get a hold of these information’s, it can be costly for businesses. On a smaller scale, for a small business, customer information theft can paralyze operations and even put a company out of business. In order to prevent these crimes, there are nine important data security policies that starts with ensuring data security accountability, policies that govern network services, scanning for vulnerabilities, managing patches, system data security policies, the response to inc idents, acceptable use, monitoring compliance, and account monitoring and control. Ensuring data security accountability is an important factor in a company. The company needs to make sure they are aware of the responsibilities. Information like confidential data has value and also bank account statements, personal information, and credit card numbers. According to a statement on IT Security Community Blog: â€Å"A very key component of protecting information confidentiality would be encryption. 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