There are indeed several advantages of securing the Data:

  1. Protection of sensitive information from unauthorized access, use, disclosure, disruption, modification, or destruction.
  2. Compliance with legal and regulatory requirements regarding data privacy and protection.
  3. Prevention of data breaches and cyber attacks, which can result in significant financial losses and damage to an organization's reputation.
  4. Maintenance of customer trust and confidence in an organization's ability to protect their personal information.
  5. Facilitation of secure and efficient data sharing and collaboration within an organization and with external partners.
  6. Enabling the safe use of cloud-based services, mobility and IoT devices.
  7. Protection against data leak that can lead to financial losses and reputational damage
  8. Improving the overall cybersecurity posture of the organization.

Some of the Disadvantages of Securing Data

There are several disadvantages, some of the major one’s include:

  1. High costs associated with implementing and maintaining robust security measures, such as firewalls, encryption, and intrusion detection systems.
  2. Complexity of managing and updating security systems and software, which can be time-consuming and require specialized skills.
  3. Limited accessibility and usability of protected data, which can impede business operations and decision making.
  4. Dependence on third-party security vendors and service providers, which can introduce additional risk and uncertainty.
  5. Difficulty in ensuring the security of data that is stored and processed in the cloud or on mobile devices.
  6. Difficulty in ensuring the security of IoT devices and systems.
  7. Limited ability to detect and respond to new and emerging threats and vulnerabilities.
  8. Difficulty in preventing malicious insiders.
  9. Difficulty in balancing security and usability.
  10. Possibility of false positives and false negatives.