To effectively secure sensitive information, businesses should adopt a multi-layered approach:
1. Encryption: Encrypt data both at rest and in transit to ensure that even if it is intercepted, it cannot be read without the appropriate decryption keys. 2. Access Control: Implement strict access controls to ensure only authorized personnel have access to sensitive information. Use role-based access control (RBAC) to limit data access based on job roles. 3. Regular Audits: Conduct regular audits to identify vulnerabilities and ensure compliance with security policies. 4. Employee Training: Educate employees about the importance of data security and best practices to prevent phishing and other social engineering attacks.