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Data Intelligence Not As Security But As Accountability - Cpo Magazine
Data Intelligence Not As Security But As Accountability - Cpo Magazine
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Data breaches, cyberattacks and other
challenges to data privacy have increased
dramatically. In the rst half of 2018 alone, there
were 945 data breaches that compromised 4.5
billion data records worldwide. In 2019, there
have been 2.7 billion identity records posted
online for sale already. These breaches – and
their implications for data privacy – have
in ltrated even high-pro le companies for
years.
While these two incidents deal with different issues, they are similar in a surprising way:
both were perpetrated by someone with inside knowledge of or access to the companies.
In the case of Capital One, the hacker was a software engineer who used to work for the
cloud hosting company Capital One was using. For Facebook-Cambridge Analytica,
Cambridge Analytica shared a survey that gained consent from hundreds of thousands of
consumers but also granted access – without consent – to several million more, which it
knowingly harvested.
Again, these cases highlight different data privacy challenges, but they raise the same
question: how can today’s data-driven businesses protect consumers’ personal
information from risk, especially when coming from inside the organization? While
important, a rewall doesn’t keep internal bad actors – even negligent data handlers –
from mismanaging or abusing information.
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Cybersecurity is not the silver bullet that keeps data safe from the internal and external
werewolves seeking to misappropriate it. Organizations need to ensure internal
stakeholders are held accountable. In fact, as the focus on data privacy heightens, so
must the conversation about accountability and end-to-end transparency. The goal is not
to make companies distrust their employees. Rather, they need to trust their data and
how they manage it. The more organizations understand what personal information they
have, where it is stored and who has access to it, the better they can ensure all data is
properly used and secured and, thus, at reduced risk of theft. To gain this visibility,
organizations need to implement new processes and technologies. Creating data
intelligence helps organizations establish the necessary trust with the data and the data
management they have in place.
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Data intelligence isn’t a cybersecurity solution. It won’t prevent hackers from stealing
personal information from companies’ data warehouses. However, if that worst-case
scenario occurs, organizations will know exactly what (or whose) information was in the
data warehouse, where it had been used and transformed and who had access to it. That
way, instead of having to ask concerned consumers to check their accounts for
suspicious activity – as Capital One did after its data breach – organizations can know
who was impacted and be targeted in their responses. In this way, data intelligence can
hold organizations accountable to the level of service that today’s consumers expect.
“Data is the most valuable asset on Earth,” said Cambridge Analytica’s Brittany Kaiser in
The Great Hack. She’s right. Consequently, its safety, privacy and security are more
important than ever. With new proposed regulations such as the Dashboard Act, which
would quantify the idea of “data as an asset,” companies would be required to tell
consumers how the business nancially bene ts from the data they or their partners
collect. If this is enacted, consumers will have a full understanding of the value the
collecting organization lost on their behalf in a data breach. In preparation for this future,
organizations must revisit what it means for data to be safe – understanding that
accountability, while separate, is complementary to security.
Organizations need to ensure internal stakeholders are also held
accountable for data #privacy issues. #respectdata
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To survive in the information economy, today’s companies must run a transparent,
trusted, data-driven business. Data intelligence and data governance show consumers
that organizations care about their data—they know where it is, who has it and why. For
years, information management was racing to catch up with innovation, and as a result,
many of today’s organizations have found themselves in a fender bender. Instead of
ignoring the laws of motion, they need to brace for the equal and opposite reaction,
prepare for risk with the right insurance and learn how to drive innovation more
responsibly to avoid unintended collisions and keep the passengers (and their personal
information) safe.
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Rob Perry is ASG’s Vice President of Product Marketing where he focuses on driving
partner initiatives. He has a broad background in product management and product
marketing, developed at a range of technology industry leaders including CSC, Inc,
Siemens, Microsoft and Lotus Development. Rob has helped bring major software
products to market including SharePoint 2007, Lotus Notes and Lotus 1-2-3. Rob was
also an analyst covering the market for internet information tools at Yankee Group.
He has a BA in Economics from the University of Virginia and lives south of Boston
where he sails in the summer and skis in the winter.
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