Friday, April 19, 2024

Can Data Security Protect Businesses …Time to include Encryption as part of a Broader Data Protection Strategy

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What’s the risk

Rahul Kumar, Country Manager – WinMagic India
Authored by Rahul Kumar, Country Manager – WinMagic India Pvt Ltd.

Today, we live in an era where businesses are continually crippled by data breaches. With each passing year, we witness a new type of threat or malicious attack. From Heartbleed, a security flaw, toAnthem breach that exposed personal information such as birth dates, social security numbers, addresses, phone numbers and employment information from the second-largest health insurer in the US. It’s evident that no organization is safe when it comes to data hacks. However, data security within any organization, along with new advanced technologies, software defined storage and better training can be established easily.

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It’s important to invest time and money in data security initiatives in order to not only protect one’s business but also increase customer service and brand reputation.According to a recent Gartner report, the market for content-aware data loss prevention solutions continues to grow at more than 20 percent year over year. Yet the report also notes that many organizations are struggling to establish appropriate data protection policies and procedures for mobile devices as they interact with sensitive corporate data.

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A Wake-up Call

Given today’s evolving threat landscape, it’s understandable that organizations want to take a proactive approach against threats, create a continuous compliance environment, and have responsive IT operations processes. They want to reduce risk exposure and the attack surface, detect and respond to advanced threats, and drive down security operations costs.

The fact is a plethora of pressures/challenges hamper an organization’s ability to fulfill those objectives. Drawing from conversations, there are various key challenges that organizations must address in order to optimize their security and compliance programs. Here are a couple of challenges that are faced by organizations:

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