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Information security as a success factor: Why it pays off!

Information security is the discipline that deals with the protection of data and information from unwanted access and manipulation. Information security includes all measures taken to ensure the confidentiality, integrity and availability of data and information. Information security is an essential component of an organization’s overall security. Secure handling of sensitive data is essential for companies to stay one step ahead of competitors and maintain their reputation. At the same time, information security is also a legal obligation, as companies are required to protect the personal data of their customers and employees. Information security is thus a key success factor for companies. By using appropriate information security measures, companies can not only improve their reputation, but also avoid financial damage.

Why is information security so important?

Information security is essential nowadays, as it can be an important factor in the functioning and success of your business. First of all, information security protects your data from unauthorized access, falsification or destruction. This means that your customer data and other important information is more secure than ever before. In addition, information security also protects against the risks of the digital age, such as cybercrime and data theft. Another reason why companies should focus on information security is that it allows them to work more efficiently. Implementing security measures and policies can help streamline processes and increase employee productivity. In addition, companies can minimize their risk and thus maximize their profit. Last but not least, information security is also of great importance for customer service. A strong information security strategy provides customers with a guarantee that their data will be kept confidential and no one will be able to access it without their permission. This ensures that the customer can build trust with the company – an indispensable factor for any successful business! It is also important to note that some laws have requirements regarding information security. It is therefore important to understand the requirements of the respective country or state with regard to safety standards and to implement them fully. Failure to do so may result in heavy fines or penalties. Therefore, it is crucial to be aware of the applicable information security regulations in your country or state and strictly implement them. It is obvious: Information security is one of the most important success factors in our digitalized world. It is therefore well worth investing in a solid strategy for strong protection of company data as well as customer data!

What are the benefits of a good information security policy?

The benefits of a good information security policy are many. First of all, this ensures the confidentiality and integrity of sensitive data, which is of great importance for companies as well as for customers and users. This makes it possible to minimize the risk of data loss and thus preserve the value of the data. In addition, a good information security policy can help make it more difficult for cybercriminals to penetrate your company or systems. Such a strategy ensures that sensitive data is protected from unauthorized access and can thus protect against serious financial damage. Another important component is compliance conformity, which results from adherence to certain guidelines. This means that companies must fulfill their obligations with regard to the protection of personal data and other sensitive information. This aspect is particularly relevant, as non-compliance with relevant guidelines can lead to legal consequences. In conclusion, information security must be an essential part of any modern enterprise. By focusing on a robust security strategy, you not only build more trust with customers and partners, but also reduce data privacy risks and cost-saving potential at the same time. Dealing effectively with this issue therefore offers the company decisive competitive advantages.

How can you improve information security in your company?

  1. It is important to be aware of how to improve information security in your organization. Here are some tips that can help you:
  2. Create a culture of information security: Creating a culture of information security in your organization is critical to protecting your data. Implementing an appropriate security program and explaining to each employee what he or she needs to do to ensure data security is an essential part of this culture.
  3. Develop a comprehensive security strategy: To effectively protect your data and build a solid information security infrastructure, you need to develop and implement a sound and comprehensive security strategy. This should cover all areas of the company and be reviewed regularly.
  4. Use of encryption technologies: The use of encryption technologies helps protect sensitive information from unauthorized access. Similarly, end-to-end encryption technologies should be used to ensure that when confidential information is sent over the Internet, no third parties can gain possession of it.
  5. Investment in training and awareness programs: Another key aspect of informatic security is to raise awareness among all employees about their role in protecting sensitive corporate data – both when dealing with digital and physical systems. Therefore, regular training programs for all employees should be developed and organized to ensure that all employees are aware of the latest developments in the field of information security.
  6. Use two-factor authentication: Another strategy is to use two-factor authentication (2FA) to access corporate networks or other networks that may contain sensitive information. This can help prevent unauthorized access to systems or networks while simplifying user control processes. In summary, it is very worthwhile to invest in information security as a success factor! With the tips above, you can protect your business from threat scenarios and operate more efficiently – so you can ultimately be more successful!

When is information security mandatory? What is TISAX?

Information security is an indispensable part of any business. This is especially true when it comes to sensitive data that must be protected from unauthorized access and misuse. It is therefore essential for companies in many industries to protect their IT systems and business processes in accordance with legal requirements. One example is the TISAX certification, which was developed specifically for automotive manufacturers and suppliers. The TISAX standard is based on the VDA ISA standard and is a security requirement developed by the German automotive industry for handling sensitive information.

TISAX certification can help organizations increase their level of information protection, effectively protecting confidential data from attack and misuse. For internationally active companies in particular, TISAX certification offers greater security when handling sensitive data as well as an increased level of trust among customers and partners. According to the German Association of the Automotive Industry (VDA), all car manufacturers are required to implement the TISAX standard by 2021. However, due to the increasing need for a high level of information security, other industries have now also opted for this type of certification. It is therefore crucial that companies secure their IT systems and business processes in accordance with the respective requirements – regardless of whether this is done through certification in accordance with the TISAX standard or other standards. This is the only way to efficiently protect sensitive data and thus avoid costly damage. In addition, a high level of information security also contributes to the company’s competitiveness – an investment that pays off!

Conclusion: Information security as a success factor

Information security is a crucial success factor for companies. Implementing security measures can minimize the risk of data loss, hacking, and other threats. In addition, information security increases employee efficiency and productivity. Secure companies are therefore in a position to be successful in the long term.

I have experience with TISAX, but also with corresponding employee trainings regarding data protection and information security. Contact me if you need help with this.

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Marian Härtel

Marian Härtel is a lawyer and entrepreneur specializing in copyright law, competition law and IT/IP law, with a focus on games, esports, media and blockchain.

Phone

03322 5078053

E‑mail

info@rahaertel.com