The old saying «prevention is better than cure» certainly applies to data privacy. A small bit of malicious code uploaded to your site can cause massive damage, from the opening of a pop-up window to stolen sessions or passwords and even complete system compromise. You should mention in your data security policies the frequency and duration you look over your system for malicious code and what safeguards are in place to reduce the risk.
Update any scripts or software platforms which you use on your site regularly. Hackers are targeting security flaws in the popular web software and a lack timely updates makes your system vulnerable. In addition, you should limit database or network access to the smallest amount of people who are required to complete their tasks.
Create a plan of action to address any possible breaches and assign a member of staff to oversee the process. Based on the nature innovative digital platforms of your business, you may have to inform the law enforcement, consumers, customers, and credit bureaus. This is a major process that should be planned for well in advance.
Make sure you have strong password requirements and ensure you have a method to save passwords. For example, you may need to use upper and lowercase characters, numerals, and special characters. You can also utilize salt and hash functions that are slow. Avoid storing sensitive information about users. And when you need to, reduce the risk by encryption or deleting the data after a specific period.