Data security is a critical concern for entrepreneurs. Some common security threats include:
1. Data Breaches: Unauthorized access to data can lead to financial loss and damage to reputation. 2. Ransomware: Malicious software can lock entrepreneurs out of their own data until a ransom is paid. 3. Physical Theft: Physical storage devices can be stolen, leading to data loss.
To mitigate these risks, entrepreneurs should invest in robust security measures like encryption, regular backups, and multi-factor authentication.