What is the best practice for securing sensitive information?

Implementing access controls, encryption, and regular audits is the best practice for securing sensitive information. Access controls ensure that only authorized personnel can access sensitive data, which minimizes the risk of unauthorized access or data breaches. By implementing strict rules governing who can view or edit sensitive information, organizations can better safeguard their data.

Encryption is crucial in protecting information during storage and transmission. Even if data is intercepted or accessed by an unauthorized party, encrypted data remains unreadable without the appropriate decryption key, thus providing a layer of security.

Regular audits are essential for assessing the effectiveness of security measures. They allow organizations to identify vulnerabilities or weaknesses in their security protocols. By routinely reviewing and updating security practices and access controls, organizations can stay ahead of potential threats and ensure that sensitive information remains secure.

The other options present practices that either compromise security or fail to enhance it effectively. Creating weak passwords undermines security and increases vulnerability to unauthorized access. Storing information on personal devices can lead to data loss or exposure, especially if those devices are not equipped with adequate security measures. Neglecting to update security measures leaves systems open to new and emerging threats, which can be especially harmful in an ever-evolving cybersecurity landscape.