C-Suite Advisory

5 Tips Every CEO Should Remember to Manage Their Database

According to a report by Symantec, companies around the world have stored more than 2.2 zettabytes of data, and by 2020 – the data we create and copy annually – will increase from 2.2 zettabytes to roughly 44 zettabytes or 44 trillion gigabytes. Research by experts has revealed that the amount of data being stored by business on a daily basis is growing at a rapid rate.

As a startup or an established business, data protection is vital from the word go. Without implementing proper policies to manage your data, your organization will be vulnerable to hackers. To protect your data, you must focus on managing your database professionally.

The following are 5 tips every CEO should remember to manage their database.

1. Focus on information

A vast majority of established businesses focus on their data centers and the hardware within forgetting that the most valuable asset to the organization is the data stored within the servers. As a CEO, your focus should be on protecting the data first.

To do so, start by building the information infrastructure that ensures your workforce is able to find and use critical business information. Key technologies to implement include cloud computing, mobile devices and mobile applications.

2. Keep your database up to date

New and emerging threats are a potential problem for all business around the world especially now that they have adopted databases and cloud computing technology. To keep data safe, CEOs must implement policies to ensure software’s are kept up to date.

This includes the database management system itself. Keeping up with updates means any bugs or holes will be sealed. As a result, data will be protected.

3. Classify your data

As a CEO, you need to gain a full understanding of your data. Before doing so, you must understand that not all information is not equal. It is important to know who will access what information and who is not authorized to access certain information.

This means coming up with security policies that will help to secure your data from unauthorized personnel. Start by classifying your data in order to discover its true potential.

4. Implement consistent policies

Implementing consistent policies means that you will be in a great position to decide where information will be located – cloud or virtual environment. In addition, implementing consistent policies will help you discover who has access to what information and who uses what information.

As a result, you will be in a better position to control who has access to what information, how information is distributed in the organization and how frequent information is backed up.

5. Set periodic reviews of your data

It is important to set up a periodic review of your database. By doing so, you will be able to identify the issues plaguing your database. For instance, duplicate entries and even missing records. Such errors can cost you money and result in mislabeled mailings.

To get started, ensure your IT professionals have Sonicwall certification so that they are able to review your data after two years. As your data grows, you can change the schedule to fit with your current needs. By managing your database effectively, you don’t have to worry about company espionage or hackers stealing your data. This is because, measures will be in place to prevent such occurrences.

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Boris Dzhingarov
Boris Dzhingarov, founder of Cryptoext, graduated from the University of National and World Economy (UNWE) in Sofia, Bulgaria with a Bachelor's degree in marketing.
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