Endpoint protection and data leak prevention is more important than many firms may realize. In addition to securing sensitive information and preventing malware programs, these protection measures can also help guard systems against debilitating data leakage that could cause company owners to hang an “out of business” sign in the window.
While data leakage can be a headache and major stressor for company administrators and employees, many do not realize that when data loss is not limited to a single file or one section of a company, it can lead to a total shutdown of the organization. Approximately 70 percent of companies that are victims of data leakage are forced to permanently close their doors within two years of the occurrence, according to The AME Group.
For example, the Business Journal of Midcentral Illinois stated that in one case, an organization experienced data loss after a disgruntled ex-employee infected the company server with a virus bomb. The former worker was still able to access the system because the business did not change its passwords after letting the individual go. While this company was able to survive, they had to pay steep regulatory penalties as well as notify customers and provide them with free identity theft protection, as all their personal information was put at risk.
In addition to endpoint management and protection software, which is meant to guard against cybercriminals before an attack, businesses should also prepare themselves in case a data breach occurs. All essential business files should be copied and backed up both within and outside the company. However, once this content is backed up, the devices on which it is stored should be heavily protected against cybercriminals with security protocols to protect against data leakage. If this backed up information is compromised, it could spell disaster for the organization.
Endpoint protection is an essential part of a data loss prevention strategy, especially on systems where duplicated content is contained for redundancy and added security.