Over the last decade or so, there have been a string of high-profile attacks on customer data. Some of the biggest companies in the world, like Sony and Epsilon, have been hit, despite their enormous budgets and legions of security experts. It makes one wonder whether smaller businesses have any hope at all.
It turns out, however, that a bunch of new technologies is coming online which promise to make customer data - often your data - more secure. New tools are using smart techniques to keep data safe and away from prying, criminal eyes.
Tech Number 1: Limited Personally Identifiable Information
Most companies who deal in data have policies in place to make those data as open as possible. But when it comes to personally identifiable data, that probably isn’t such a good idea. Information that can be traced to a particular customer can be used against that client by criminals and hackers wanting more information about them.
One of the problems that businesses face at the moment is keeping their data open while restricting access to this identifiable information. The good news is that new types of customer databases are allowing firms to segment access to the most sensitive information. Now only a handful of employees needs access to the identifiable information, while everybody else can use it on an anonymous basis.
Tech Number 2: Secure Payments
Payment processing has always been a difficult thing for companies to get right. There are so many opportunities for criminals to get hold of sensitive data and use it to their advantage. Now, though, the way we make payments are evolving.
For businesses in the ecommerce sector, this has been a massive boon. Customer data is kept safe at the back end of the site, meaning that no matter what the expertise of the people running the business, customer financial data is kept safe.
This is part of the reason why we’ve seen such a dramatic proliferation of online stores: making payments from one account to another over the internet has been made more secure through advances in technology.
Tech Number 3: Collaborate Security Partnerships And IP Blocking
When it comes to security, some firms are better at protecting customer data than others. One of the things that is now happening in business is that high-security companies are demanding the same level of protection from all of their partners.
One of the things that they are now insisting on is IP blocking. IP blocking stops people from logging onto your systems, even if they get hold of your password, from a computer that is not registered at an authorized IP address. Blocking out external IP addresses prevents customer data from being hacked from a third party location, even if that person knows exactly how to gain access to your systems.
Tech Number 4: Cloud Virtual Private Networks
Finally, virtual private networks are making significant inroads in the business sector. These give companies the opportunity to completely sever their internal cloud infrastructure from the rest of the internet, creating a firewall that keeps the bad guys out. Customer data can be shared within the network but cannot be accessed from the outside.
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