Growth of ID theft and the importance of data security

Posted: Oct 12, 2010 |Comments: 0 |

Despite there being no clear consensus on its ultimate cost, identity theft is believed to be growing by the day, making data security a top priority for many businesses and individuals. ID theft can impact anyone who possesses a credit or bank card, and as media coverage of fraudulent activities grows and public awareness increases along with it, fraudsters are becoming ever more adept at accessing restricted areas.

Identity management can be the most effective method of protecting your identity against criminals, and can be considered vital if you operate a business of any size. Securing your files and data means much more than just hiding them behind a password, which can easily be cracked by experienced hackers, and through effective data management you will be able to control many aspects of data security, including granting or restricting individual access to certain areas and setting up protocols to inform the administrator when these are breached.

However, identity management can involve much more than just digital keycodes, especially as we move into the era of ID cards and biometrics. Many of a user's unique personal features, from their fingerprints to their DNA, could potentially be useful for proving they are who they say they are, and microchip cards are already employed among many government agencies.

With more stories of data security breaches hitting the headlines all the time, the importance of identity management can no longer be ignored. Rather than being a secondary consideration that businesses deal with at a later date, establishing effective data security from the onset could be the only way to safeguard your company data, especially if it's hosted online. While your hosting provider may already operate highly secure servers, you need to protect your data both within and outwith your organisation, in the digital and physical realms, to prevent anyone entering your business premises and making off with data on CDs or USB drives.

There are further benefits to identity management beyond security too, as a centralised log-in can provide more expedient access to all areas of an organisation's network, backed up by effective security and privacy settings throughout. This could also deliver benefits to communication within your business, including more secure email servers and Voice Over Internet Protocol (VOIP) accounts. This is another reason why choosing identity management as part of your existing hosting solution could be the most convenient, safe and reliable option for protecting your data.

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    Source:  http://www.articlesbase.com/business-articles/growth-of-id-theft-and-the-importance-of-data-security-3457275.html

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