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COVID forced many businesses to close their doors for the safety of the population.
Despite this, the United States experienced a 24% increase from 3.5 million to 4.4 million startups in 2020.https://www.blogpirate.org/5-steps-to-secure-your-business/
In the current world, information has become essential for any business formation.
Having the info secured has become necessary for every organization as it includes companies' partnership information, client details, financial information, and some of the company secrets, which, when it is on the hands of third parties, may bring harm to the organization.
There are huge damages that may cost a company in case such sensitive information falls into the hand of the wrong party as it may cost the partners relationships, loss of customers due to trust issues, or to the extent of closing down.
With this in place, the company will ensure that every data, according to its classification, will be given its security based on the sensitivity.
So, having a policy of handling this information by clearly stating who handles which data is critical in securing the company information.
While various strategies should be implemented to achieve this, it should always be clear that the information on the motion should always be protected.
