Security and Privacy of Consumer Financial Information as it relates recent news

Expert Solution

It is really important for businesses to secure the privacy of the customer data when the business is dealing with the customer information directly. Businesses should take extra care when they deals with customer information. Businesses such as e-Commerce or Banking sector has to have higher security as compared to other application. Security measures include:

encryption: This will definitely help the business in ensuring security as well as the privacy content of the customer information. This actually helps in encrypting the data of the customer and thus makes it difficult for the attacker to exploit the actual data. Even high level of encryption can provide more security to the data.
Firewalls: By implementing firewalls and NACL on every level will definitely help in increasing the security level. This will definitely help in blocking down all the unwanted traffic entering into the infrastructure and thus provide additional security to the whole infrastructure.

It is the responsibility of the business to secure and ensure privacy of the customer data in order to ensure customer trust and even helps in building a healthy relationship with the customer. Moreover, business reputation will also be at stake in case the business is unable to provide security to the customer data.

venereology answered 6 months ago

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