Believe it or not, we all have shared our personal, educational, or financial details over the Internet to perform specific actions without even caring about its long-term implications. When we talk about information security, there are three main things to consider – data protection, data security, and data privacy.
Data protection is the usual practice of preventing loss of data through backup or recovery. While data security is concerned with the measures taken to protect user-information from cyber criminals, data privacy implies the laws and policies regulating the access, storage, and use of data.
Who Wants Data?
The power of data is such that anyone can use it to create a business empire, dethrone a government, bankrupt an organisation or individual, or escalate a war. It seems everyone wants data, but the question is how they get it. Let us find out.
- Data Breach
It is the most visible form of data loss occurring at the hands of cybercriminals or hackers, who steal user details from the Internet or sneak into users’ devices through malware.
- Government Snooping
Many government agencies run surveillance programmes in partnership with Internet giants to track user behaviour and manipulate their perspectives on different issues.
- Third-Party Apps
Many third-party apps allow users to log in via their social media or email accounts, making them vulnerable to potential identity theft and information misuse.
Why Is Data Protection Important?
The victims of data theft could be businesses, individuals, and governments. Below are the reasons why data protection is essential.
- Top-secret information can sabotage the foreign relations between the states.
- The sensitive business records can go into the hands of a competitor, causing financial loss.
- Cyber-fraudsters can steal your identity to make fraudulent transactions or commit crimes.
How To Protect Data And Privacy?
Considering the seriousness of the situation, various governments and corporations have implemented action-plans to stop it from happening. As for ordinary people, they must also take cautionary steps, such as:
- Use secure Wi-Fi network and VPN software
- Beware of sharing any sensitive information
- Create strong passphrases for different online accounts
- Use email spam filters and avoid clicking random links
Information is an asset for someone who retrieves it deliberately from the source, which is quite possible in this Internet-driven world. Data collection is now a multi-million dollar industry working towards collecting precious information to generate revenues, influence opinions, or commit criminal acts. Therefore, your best approach should be to share your data with only those that are trustworthy and comply with jurisdiction-specific data protection and privacy regulations.