Major security breaches that raged havoc and affected millions in 2013 have acted as a wake- up call for corporate legal departments and CTOs around the world. The exponential rise in data volumes has radically increased the risk of accidental leakage of sensitive information and data theft. In addition, factors like data portability, employee mobility and complex data protection regulations demand that organisation take a closer look at their data security measures to protect themselves and their stakeholders.
It is imperative for companies to have a data loss prevention strategy in place because they:
Since data loss can also cause significant loss of revenues, businesses need a holistic DLP strategy that would protect data in use, at rest and in motion at various storage locations and on portable devices through a management framework designed to prevent and detect unauthorised data use and access.
A data loss prevention strategy, if deployed effectively, can bring value to the company without the need for heavy investments since the very onset. It can help organisations by:
A comprehensive data loss prevention strategy can not only transform sensitive information into operational asset, but also help business avoid unwanted legal complications.
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