Hackers are always after your company’s money. And when your data is under-protected, you only make it easier for them to come after your money.
In over five thousand global data breaches, 86% were financially motivated, according to the Verizon 2021 Data Breach Investigations Report (DBIR). But data breach losses can go beyond money and affect the trustability of your brand. You can recover your money but a tarnished company image can take a while to rebuild.
Areas where data is vulnerable
To set up a strategy to safeguard data, identifying all points of data storage and exchange is the first step.
Data compliance: In logistics, we’re not just facilitating cargo movement but moving data on multiple instances. Moving cargo requires supporting documentation handy. This means electronic data exchange between vendors and regulatory authorities. Ensuring security protocols are in place for both your systems and the parties you’re dealing with prevents data leakage.
Coordination between functions: Email exchanges containing sensitive data in plain text are easily hackable. Such lapses can usually come from unaware new employees. The easiest fix is to have an induction program including security dos and don’ts. With logistics ERP, your data transactions are date and time stamped along with logged-in user and department details.
Between your customers and you: Documents like a packing list and commercial invoices contain data that pose a risk when found by hackers or your competitors. While receiving important documents from your customer, you can provide them with a secure link that guarantees complete data protection. Logi-Sys comes with Online tracking web- and mobile app that creates a secure line of document exchange with your customers.
Learn more from our experts how you can digitalize your freight forwarding & logistics business.
Best Practices to Prevent Breaches
Some common pitfalls for logistics companies dealing with data security are relying on older, dated, or multiple software. Ridden with vulnerabilities, hackers can easily exploit publicly known problems in software that haven’t applied security patches yet.
Keep backups
Today your data on the cloud is much safer. Cloud-based ERPs protect your data with copies taken at regular intervals. But it’s worth going the extra mile when taking responsibility for your data. Timely backups of your important data can help in case of unintentional or malicious attacks on data destruction.
Conduct regular security audits and analysis
Hackers are aware of the latest loopholes and vulnerabilities. Thus, demanding security professionals stay a step ahead to beat the hackers in their game. All security policies, however carefully drafted, require periodic evaluation and audits.
Employee-related data security
At the core of all your operations are your employees. It is vital to consider your staff’s unintentional or otherwise actions that could contribute to any data loss or leakage. Two ways to enforce data integrity are approval mechanisms and locking transactions, both of which are available in Logi-Sys. Actions like freezing job modifications once marked complete or post a financial period allow for greater data control. When applying security measures, always trust but verify.
Takeaway
Unsafe data storage and exchange can cause delays, losses and affect your customer relations. Rigorous data security policies, evaluations, and practices make it difficult for hackers and help establish trust with your customers. For the security of your logistics data, it is worth investing in a secure ERP system for your business. Implementing cloud-based ERP is a comprehensive way to conduct logistics business with the highest data security.