How Secure is the Integrity of Your Data? - Economicus

by, Manjola Islami, Irena Kreci

Abstract

Nowadays, businesses are building bottomless real-time connections with their customers, suppliers, partners, and governments, collecting and selectively sharing huge amounts of data. The value of stored and in-transit information is rising rapidly, driving new markets and generating a need for securely connecting devices and delivering trusted data. Data integrity is a vital component in economy which can pertain to individuals, companies, governments and globally. It is a measure of the validity and reliability of a data. Data integrity can be compromised through human error, transfer errors, compromised hardware, alteration of source devices, or a range of cyber threats that manipulate data. What concerns the business and economy is threat to data integrity, which ensures the validity and soundness of data throughout its life cycle. The challenge of the business is the protection of data integrity and system security which ensures accuracy and efficiency of business processes as well as appropriate decision making. The industry evolves, and the cyber-attacks have become more sophisticated and more complex. Consequently, the businesses in all industries are investing more and more in security of the information. It is obvious that this money could be invested in different things, but the vulnerability of the information has become crucial in a network and internet environment. The actions for data integrity protection relate to systems used and human resources awareness. We need to accept that all risks will never be eliminated, that nothing is permanently safe, and however a strong business reputation depends on a robust data privacy and information security.