It is estimated that approximately 64 zettabytes are stored on different servers. Most of the data, 90% of the total, is generated within the last two decades. These statistics show the importance of data, urgency, and Privacy.
Considering these things, an international data privacy day is observed on January 28 each year. Different experts expressed their thought as follows.
Charles Smith, Consultant Solution Engineer and Data Protection, said,
“Data privacy is a critical issue for organisations for two reasons,”
He described the first reason with the following words,
“First, businesses need to ensure that customer and company data, including valuable IP and financial data, is safe and secure and complies with national and international data protection regulations, such as GDPR in Europe. Failure to do so could risk a significant fine if there’s a data breach, as well as the loss of customer trust and damage to their brand reputation,”
He added more,
“Keeping data private also helps to address the threat of data theft and ransomware attacks. Ransomware attacks are evolving, and cybercriminals will often steal data and threaten to expose it unless the ransom demand is paid, also risking financial loss and reputational damage. Ensuring that all data types are protected with end-to-end encryption is essential. Having the same level of encryption for backed up data is also key, as many attackers also try to target backups.”
Christopher Hills, Chief Security Strategist at BeyondTrust expressed his thoughts with the following words,
“Organisations need to keep the ‘3D’s in mind – Data Privacy, Data Security, and Data Protection.
Ensuring the proper use of data or how it is accessed falls under Privacy. Data Security aims to protect the data from unauthorised access by implementing proper controls and mechanisms. Data Protection then covers the availability of the data and preservation along with proper deletion and/or destruction.
Understanding the differences across all three of these, their importance, and how each is applied across data is critical for business leaders to ensure they are handling the data properly.”
We believe privacy is a fundamental human right. We work tirelessly to build privacy into every product and feature from the ground up. This Data Privacy Day, we’re also launching a new Today at Apple session to help users learn how to protect their data. https://t.co/gqQKfLfNTS
— Tim Cook (@tim_cook) January 24, 2023