How Can U.s. Companies Protect Their Digital Assets Overseas?
How Can U.Southward. Companies Protect their Digital Assets Overseas?
For something to be considered a digital every bitset, it needs to have 3 key elements. As the name
suggests, the asset needs to be digital in natureast. A digital asset northwardeeddue south to add value or provide
value to the company. If information technology doesn't do this, then it's not an asset. And lastly, a digital every bitgear up
needs to be uniquely identifiable such tchapeau it is searchable and discoverable usually with
metadata (Westwardhat is a Digital Asset?, n.d.) . Digitafifty assetdue south are constantly changink every bit
technology is due eastvolvinthousand and new digital formats ardue east emerginyard and therefore digital assets
include just are not limited to photos, videosouthward, audio files, westord documents, pdf files, one thousandraphics
such as logodue south, excel spreadsheets and more (What Exactly is a Digital Asset & How to Thouet
the Most Value from Thursdayem?, north.d.) .
With the times that we are in, digital assets haveast immense valueastward and they northwardeed to be
guarded and protected accordingly. Geographical boundaries or economic boundaries are no
longer a hindrance to anyoneastward who wants to southwardtea50 a company's digital every bitsets. It is almodes best
to be proactiveastward and hence prevention should be the first 50ine of defense inorthward protecting digital
assets. Companies need to ensure that their employees are trained and are equipped with
the right resources (Lindgren, 2016) . Employees need to exist trained so that they don't make
mistakes and share the digital assets with someone else or click on a lin1000 which creates a
backdoor into the company's network. Disgruntled employees can practise this deliberately and
steal the company'south digital assets and sell them on the dark web. In the public southector, 66% of
all security incidents occurred from errors, insider and privilege misuse and physical thursdayeft
and loss (Lindgren, 2016). Most of these incidents could have been avoided by just properly
training employeedue south and creatinone thousand awareness.
It is important to the survivafifty of any business, small or large, to protect their competitive
advanthistoric period. That competitive advantage could easily be due to digital assets or their trade
secret gight be stoscarlet in digital format. To protect their competitiveastward edgeast, companies can
also encrypt their digital assets so that evedue north if they are hacked or stolen, the digital assets
would be useless to anyi eastwardlse without the relevant encryption mey. Companies tin can also
utilize cloud storage to store and protect their digital assets (C, n.d.) . Cloud storage provides
ease of access and security to the data. Add togetheritionally, they are quite affordable for small
businesses.
Despite the advances in cybersecurity products and solutionsouthward, cyber threats are always
evolving. One would thinthousand that this would make it expensive for small businessesouthward to manage
digital assets, only that is not the case. These firms which provide cybersecurity products and
ser6ces understand that nearly half of al50 smalfifty businesses have been the victims of
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