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Data Protection

8 problems caused by not having data protection

Protecting data has become a mandatory and strategic prerequisite for all companies that intend to conduct transactions over the Internet. This includes private and public institutions from the municipal to the federal level.

Security incidents involving government agencies are becoming more and more frequent. Many of us do not know, but in the very quiet underworld a real cyberwar is waged between countries. Based on this theme let’s talk about the importance of protecting data.

The protection of your country is constantly at risk

Recently a study by the International Monetary Fund (IMF) raised an alarming fact. Central banks around the world are suffering constant attacks that have already resulted in the theft of millions of dollars. And that’s not all, it turns out that the data of thousands of customers and employees has been compromised.

In recent years the financial sector and the government have been the main targets of these attacks. After all, both have migrated their operations to the online world where the risk of hacking and data theft is higher.

A strong adaptation is required from these institutions in the face of a paradigm shift. In summary, the major operations of banks and strategic government sectors used to take place offline or in a restricted fashion on private networks. However, now they are on the Internet, an open and risky world.

In recent years all these institutions have undergone a major disruption in their business models. Thus, protecting the data has become a priority.

Attackers can be recreational hackers, crackers, or terrorists. Problems can arise in front of business entities and interests, as well as for the public sector and the government. For example, we can cite banking institutions, energy, state agencies, hospitals, businesses, education, and even social issues as possible targets.

All these institutions rely heavily on their online presence and have therefore started to take risks. With information flowing over the Internet on different networks around the world, there is a growing need to protect personal information, funds, and assets, as well as national security.

About Eval

A EVAL está a mais de 18 anos desenvolvendo projetos nos segmentos financeiro, saúde, educação e indústria, Desde 2004, oferecemos soluções de Autenticação, Assinatura Eletrônica e Digital e Proteção de Dados. Atualmente, estamos presente nos principais bancos brasileiros, instituições de saúde, escolas e universidades, além de diferentes indústrias.

Com valor reconhecido pelo mercado, as soluções e serviços da EVAL atendem aos mais altos padrões regulatórios das organizações públicas e privadas, tais como o SBIS, ITI, PCI DSS, e a LGPD. Na prática, promovemos a segurança da informação e o compliance, o aumento da eficiência operacional das empresas, além da redução de custos.

Inove agora, lidere sempre: conheça as soluções e serviços da Eval e leve sua empresa para o próximo nível.

Eval, segurança é valor.

Data Care

It is clear that adopting a strategy to protect data is necessary. Citizens must have confidence in using online public services, and if they feel they are under threat in areas such as health and welfare, their use of them will certainly decrease.

Because of this growing threat public and financial sector organizations must adhere to appropriate cybersecurity standards. In this way, they can ensure the protection and security necessary for the use of the online environment in their operations.

Data protection must be a priority

For the government, cybersecurity is not only a challenge, after all, it is a major obstacle in the face of the long-awaited digital transformation. What’s more, the stakes are sky-high: hacking into public sector information can jeopardize national security.

Let’s give a better idea of the consequences of cyber attacks and information theft from financial institutions and the government. For this we have listed 8 problems generated by the lack of data protection.

  1. Invading vital systems with the aim of disabling them;
  2. Wreak havoc on the entire digital infrastructure of the country;
  3. Gain access to systems to steal sensitive data;
  4. Stealing document numbers (HR, CPF, CNH, others) or tax declarations;
  5. Make illegal financial transfers;
  6. Disrupt strategic government operations;
  7. Manipulate data and code to introduce harmful instructions;
  8. Obtain employee records and national security files.

The impact of suffering cyber attacks through financial institutions and government agencies goes far beyond financial losses. The exposure of each citizen’s information, for example, is an irreversible damage and that because of its extension becomes impossible to measure the size of the loss.

Meeting the Cyber Security Challenge

The threats are growing in volume, intensity, and sophistication, and recent attacks show that new intrusion attempts are likely to happen frequently.

A big question arises. After all, how can governments reverse the growing gap between security investment and effectiveness? Traditionally, cyber security has focused on intrusion prevention, defense using firewalls, port monitoring, and the like.

However, the evolving threat landscape requires a more dynamic strategy to protect data. So a new approach in this regard involves three key areas built around being safe, vigilant, and resilient. These three principles reflect the fact that defense mechanisms must evolve.

Government actions cannot rely solely on perimeter security, they must also develop robust capabilities for detection, response, recognition, recovery, and data protection.

Reliability must be maintained

Cybersecurity is about building a secure environment with the use of technology in order to ensure the trust and stability of society.

Consequently, building reliability requires activities and operations that can ensure it:

  • Reduction and prevention of threats and vulnerabilities;
  • Implementation of protection policies;
  • Incident Response;
  • Fast recovery in case of incidents;
  • Data and information assurance;
  • Enforcement of cybersecurity-related laws;
  • Intelligence operations related to cyberspace security;
  • Among other actions.

You must have an incident response plan

Organizations need to have a really clear understanding of what to do in the event of a security incident. This requires an incident response plan that is well planned and regularly tested.

However, it is worth pointing out that the threats and attacks that occur today do not follow normal detection and response standards. Traditional requirements are focused only on common threats.

For financial and government institutions, the reality shows that we have threats that have been enhanced and that pose a great risk. And to combat this scenario will require developing a solid framework to manage the risks and apply new standards to detect and respond to much more advanced threats.

This goes far beyond simply testing systems for vulnerabilities. It means, for example, understanding what data is most at risk, what types of criminals would be most interested in this type of information, what type of attacks could be used, and finally developing preventive and corrective actions to protect the data.

How to position yourself in the current digital security scenario

Agencies must make significant efforts to study emerging threats by looking at key risk indicators and understanding the actors, criminals, foreign countries, and hacktivists, that threaten government and financial systems.

Whether it is an internal or external threat, organizations are finding that the use of firewalls alone is not effective in anticipating the nature of threats.

The evolving action of cyber threats requires collaborative networked defense, which means sharing information about vulnerabilities, forms of attack, and solutions among the community, governments, businesses, and security vendors.

Thus, cyber security when developed efficiently in each country encompasses virtually all citizens, providing everyone with a sense of trust and credibility in institutions.

Now you know the problems generated by not protecting the data. Keep yourself always updated, subscribe to our newsletter and stay on top of EVAL news and technologies. Keep following our content on the blog and also on our Linkedin profile.

About Eval

A EVAL está a mais de 18 anos desenvolvendo projetos nos segmentos financeiro, saúde, educação e indústria, Desde 2004, oferecemos soluções de Autenticação, Assinatura Eletrônica e Digital e Proteção de Dados. Atualmente, estamos presente nos principais bancos brasileiros, instituições de saúde, escolas e universidades, além de diferentes indústrias.

Com valor reconhecido pelo mercado, as soluções e serviços da EVAL atendem aos mais altos padrões regulatórios das organizações públicas e privadas, tais como o SBIS, ITI, PCI DSS, e a LGPD. Na prática, promovemos a segurança da informação e o compliance, o aumento da eficiência operacional das empresas, além da redução de custos.

Inove agora, lidere sempre: conheça as soluções e serviços da Eval e leve sua empresa para o próximo nível.

Eval, segurança é valor.