6 Common Mistakes with Managing Data to Avoid for Small Businesses


Are you looking for a data management strategy?

Even when the number of data breaches decreased, you must be vigilant. If you’re a new business, you might be unfamiliar with common cyber threats.

Fortunately, our guide will discuss some common mistakes with managing data. Read on and learn how to protect your business soon:

1. Lack of Data Architecture and Governance

Defining your data management architecture is vital to proper data management. Always be aware of your data architecture to ensure your business growth.

Without data governance, your architecture is useless. This data management aspect has a significant impact on your data as it flows in your company. It’s all about ensuring specific data is only accessible to authorized team members.

Data governance also makes everyone responsible for assuring your data security and quality. Consider using QuickBooks Online for contractors to do this task.

2. Improper Employee Training

One of the primary contributors to poor data management is the lack of proper training. It often results in your data management team using unsafe data transfer methods. Worse, they could give unauthorized people access to sensitive company information.

For example, some employees use easy-to-guess passwords for their work accounts. Make an employee training program to avoid this situation. It must establish a set of standards to ensure proper data management.

3. Lack of Data Security

Insufficient data security is a common data managing issue. However, it’s not as well-defined since it has various factors. If 

Your data isn’t completely secure even when you use passwords. If you have network issues, some hackers can exploit them. Avoid becoming a ransomware victim by hiring professionals to secure your data.

4. No Contingency Plans

Cyber threats are evolving all the time, making it essential to have a contingency plan. Your company will respond to data breaches using this set of actions. It lessens the risk of data loss and mismanagement.

Focus on making these procedures and training your employees. Even a short downtime will cost your business lost productivity. If you’re a startup business, you might never recover from this loss.

5. Outdated Software

Outdated software often suffers from various security issues. Hackers are always quick to exploit software vulnerabilities. If your business uses obsolete software for storing data, you risk becoming a cyberattack victim.

Aside from downtime, your competitors might buy your data from these hackers. It’s a huge loss when it involves your company’s trade secrets.

6. Improper Archives

Always backup sensitive information to ensure access after an attack. You might have this in place, but it’s often not enough. Store them in at least two different locations using various formats to prevent data loss.

Avoid Mistakes with Managing Data Now

These are some common mistakes with managing data for small businesses. Use this knowledge to avoid the same fate. Invest in a better data management strategy to protect your investments.

Protecting business data is only the start. Look for a reputable security provider to prevent future breaches. Do you need more helpful guides? Consider reading our other articles to expand your knowledge today.