According to the 2020 Cost of Data Breach report by IBM, the average cost of a data breach was $3.86 million globally. Compromised credentials were the most expensive part of this breach, with 1 in 5 companies suffering a data breach because of stolen credentials. And customer’s personal information was the most compromised record for most breaches.
Security has always been crucial and often the most expensive part of a business. There is a huge gap between businesses that are digital and businesses that are securely digital. Overall, digitalizing a business has never been as accessible as now, so most businesses are able to take that step.
Ensuring the security and compliance of your business operations is of paramount importance. This holds especially true for organizations using Dynamics 365, a comprehensive suite of business applications that stores and manages sensitive data.
To safeguard your valuable information and maintain regulatory compliance, hire Dynamics 365 developer is a crucial step. In this article, we'll explore the significance of security and compliance in Dynamics 365 and explain why hiring a developer specialized in this field is essential.
- Protecting Sensitive Data:
Dynamics 365 contains a wealth of critical business data, including customer information, financial records, and proprietary data. A Dynamics 365 developer with expertise in security can implement robust measures to protect this sensitive information from unauthorized access, data breaches, and cyber threats. They can ensure data encryption and user authentication and implement security protocols to safeguard your business data.
- Implementing Role-Based Access Control:
Every organization has different hierarchies and user roles that require varying data access levels within Dynamics 365. A developer can configure role-based access control (RBAC) mechanisms to grant appropriate permissions to users based on their roles. This ensures that employees only have access to the data they need, minimizing the risk of data leaks and unauthorized usage.
- Ensuring Regulatory Compliance:
Many industries are subject to stringent regulations and compliance standards, such as GDPR, HIPAA, or PCI-DSS. Non-compliance can lead to hefty fines, legal issues, and damage to your brand reputation. A Dynamics 365 developer well-versed in compliance requirements can help you navigate these regulations and implement the necessary measures within your system, ensuring you meet all the necessary compliance standards.
- Monitoring and Auditing:
Continuous monitoring and auditing of your Dynamics 365 system are crucial to detect suspicious activities, identify potential vulnerabilities, and ensuring compliance. A developer can configure robust monitoring tools and implement auditing mechanisms that track user actions, system changes, and data access. This allows for proactive identification and resolution of security issues, maintaining the integrity of your system.
- Staying Up-to-Date with Security Patches:
The security landscape constantly evolves, with new vulnerabilities and threats emerging regularly. A skilled Dynamics 365 developer stays abreast of the latest security updates and patches Microsoft releases. By promptly applying these patches, they can protect your system from known vulnerabilities and ensure that your Dynamics 365 environment is secure and up-to-date.
By making this investment, you can rest assured that your organization's valuable information remains safeguarded, maintaining the trust of your customers and ensuring long-term success.
Make the most of your Dynamics 365 investment by hiring a developer who can ensure your processes and data function as you need and is secure against external threats and malicious attacks.
Hire a Dynamics 365 developer with a portfolio of experience across several industries, as they will be able to bring that expertise to the table. When selecting a Dynamics 365 developer, apart from checking on their skills, ensure they are a good fit for your company, as this will greatly impact the overall experience for you and them.