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Network Company Data Security

MLM Data Security: A Complete Guide to Protecting Your Company | Network Marketing MLM Software — FlawlessMLM

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FlawlessMLM is a leading provider of software development and consulting services for network marketing companies. With over 20 years of experience since 2004, we have launched more than 400 successful MLM projects globally.

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FlawlessMLM

Flawless Group

FlawlessMLM brand represents excellence in MLM software development and consulting since 2004

Founder of FlawlessMLM and Flawless Group. Expert in marketing, sales, and business consulting with over 20 years of experience in launching and managing successful MLM projects and corporate software solutions.

Founder & CEO

Ivan Shaulskiy

FlawlessMLM provides comprehensive MLM software development, consulting, and business solutions for network marketing companies worldwide.

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Data integrity is crucial in network marketing, as information is the most valuable intangible asset of a business. In this article, we will discuss the types of threats, why it is important to protect the critical data of your project, and how to do it. What Company Data Is and Why It Needs Protection Just as you protect your personal tangible assets (for example, by installing a car alarm or setting up two-factor authentication at the bank), businesses also need protection. When aiming to create a sustainable, long-lasting network company, consider a risk management strategy and do not skimp on the details that ensure the security of the project, especially in cyberspace. Company data (English data) is an intangible asset, informational capital. As the project progresses, the amount of critical data that should not fall into the wrong hands increases. This refers to personal information of customers and employees, distributor hierarchy within the structure, and any other information related to the company&#39;s business processes. The main motive behind cyberattacks is financial gain. As the saying goes, data is the new gold &mdash; information can be bought/sold on the black market or used for forging documents. In a scenario where a large portion of financial transactions occur online, hackers can infiltrate an organization&#39;s system to sabotage its operations, steal money, or personal data of partners. Legislative initiatives to ensure cybersecurity Each country has its own laws controlling the safe operation of online businesses. The General Data Protection Regulation (GDPR) adopted by the European Union aims to deepen the principles of personal data protection. Companies must also register with authorized state cyber protection authorities to assess the volume of personal data collected and processed. Enterprises that ignore the basic requirements of their country&#39;s relevant regulatory authorities may face punitive sanctions. Common scenarios of attacks on network companies Security is one of the most important factors in direct sales business, as it is always associated with large volumes of data, which is a &quot;tasty morsel&quot; for fraudsters. In MLM enterprises, a large number of people are involved (employees, distributors, buyers, suppliers, etc.), and in order not to lose the trust of their distributors, strengthen the image and reliability of their brand, network projects develop several levels of security. Most often, partner companies face massive DDoS attacks aimed at disrupting the business system.Sometimes hackers automate such bot attacks and use them to distract the security service, find vulnerabilities, and hack the organization&#39;s platform. In addition to external threats, there are internal ones - an inattentive employee can cause more harm to the company than a random DDoS attack. Reports from the Ponemon Institute and IBM Security indicate that the main cause of major cyber attacks is related to internal factors and system deficiencies. Among the most common ways hackers penetrate a system are: - Social engineering and phishing. By using psychology knowledge and manipulation, a hacker achieves attack goals through a person&#39;s voluntary consent. In simple terms, users are cleverly deceived, and they carelessly provide cybercriminals access to confidential or important information. - External data sharing, for example, through email or corporate accounts. Usually, information leakage occurs due to carelessness and inattention&mdash; When an email is sent to the wrong email address or accidentally published on public platforms. - Shadow connection to a personal account or a Windows user session. This type of hacking allows hackers to remotely interact with a partner&#39;s profile and view confidential information. Recommendations from the FlawlessMLM team Based on the experience of developing software for network business, FlawlessMLM specialists have identified a number of approaches that should be used to protect data: 1.&nbsp; Use specialized software and tools that provide isolation of the working environment from other platforms; 2. Apply input data patterns and frameworks. This helps further protect the system from incorrect data entry or attempts to enter executable code; 3. Install SSL certificates on hosting and connect services of special DDoS protection providers (e.g., Cloudflare); 4. Install filters or connect programs to protect against spam and phishing. 5.&nbsp; Develop a management process monitoring system to automatically track and promptly stop suspicious activity; 6.&nbsp; Log critical parts of the project&#39;s algorithm in In the article&nbsp;&nbsp;The Future of MLM Software Development, we presented our arguments in favor of this method of data protection. 7.&nbsp; We also recommend integrating security training into company processes - this way, distributors will be informed on how to behave online and avoid falling for scammers&#39; tricks. One of the main tasks of any business is to ensure information security. The preservation of both material assets (company funds, goods, etc.) and intangible assets (the efficiency of the company&#39;s administrative and organizational processes, the integrity of the partner structure, customer trust, etc.) directly depends on this. Accordingly, the viability of the company depends on how effectively the data is protected. The FlawlessMLM team will help create and optimize mechanisms to protect your business, based on years of experience and a large number of implemented network projects of various orientations. Also, we are one of the first developers of software solutions that began to implement blockchain solutions in MLM companies. Contact our manager in the website chat and get a free consultation on solutions for your business.

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