Privacy Begins with Data Discovery
Do you know where your sensitive data is?
Last year, a privacy expert told CyberNews* that most enterprises don't know where their sensitive data is. Is this true of your organization? How is your organization managing its data? With the shifting landscape of data, from collection and storage to analysis and privacy compliance, enterprises are putting Chief Data Officers in place to better manage their data, become more data-driven, and compliant to ever-expanding privacy regulations.
*Source: CyberNews
of executives believe their organizations manage data as an asset*
of executives view their company as being data-driven*
of organizations lack data ethics and data responsibility*
While CDOs are focused on the use of customer data to drive insights and strategies, 55,8% report that they lack data ethics and data responsibility*. Data privacy regulations require the ethical processing and handling of data. The risk and cost of privacy non-compliance are high and continue to increase.
* Source: "Data and AI Leadership Executive Survey 2022, New Vantage Partners
Data discovery powers data privacy
Privacy-enhancing technologies such as effective data discovery, classification, and analysis enable ethical privacy responsibility and readiness. It assists in responding to DSARs and compliance audits, helping to establish responsible processes for privacy compliance. Additionally, by identifying data that serves no legitimate business purpose, effective data discovery technology can take action to defensibly delete or minimize data, further reducing the rist of privacy non-compliance and cutting costs of data storage.
Effective Data Discovery Data Discovery needs to be accurate, timely and thorough to be useful to organization.
Effective solutions should include:
- Context-aware AI to reduce false positives;
- Timely sample scanning as well as deep, time-consuming data scans for strategic use;
- Ability to scan structured and unstructured data anywhere it can be found. (e.g. databases, cloud data warehouses, data lakes, file shares, etc.)
- Ability to scan any file types, including image and video with OCR technology
Do you know where your data is, and what data you have?
Voltage Data Discovery enables organizations to gain a deep understanding of the data contained within structured and unstructured data repositories. This understanding helps detect value and risk, and protect sensitive and high-value data, while providing flexible approaches that evolve to serve your needs over the different use cases throughout the lifecycle of your data.
“Data Discovery allowed us to effectively find and understand our data risk. The insights we found from the analysis were invaluable in taking effective actions to protect our data and monitor it going forward”
said Kadir Yidiz, CISO, Turkish Airlines.
“Within just a couple of days we can help our clients set the right data parameters for them and get them up and running. FAS will start scanning and categorizing the data straight away with automated follow-up actions based on an agreed rule set.”
The Fusion of Data Discovery and Data Protection
Data Discovery is an ongoing process that includes new data consumed by the business. As organizations assess the ongoing risk and cost associated with managing sensitive data, they are looking for greater visibility into the financial impact of a data breach along with data minimization, data center consolidation, sustainability, and green IT efforts. Find out the true cost of data privacy with our Financial Risk Calculator.
Data Discovery - Accelerate Business Objectives
How could a data protection project be faster and more cost-effective if a thorough data discovery and classification initiative was in place? Find out from our panel of data experts as they discuss the challenges of data protection projects, weigh the types of solutions, and offer insights into how data privacy accelerates innovation, data democratization and monetization, and prioritizing data remediation projects.
