Data is the essence of all businesses across the world. Protecting it from theft, exploitation, and misuse is now top priority for the organization. Client data that has been hacked can wipe out crores in revenues, and stolen intellectual property can impact competitive advantage. This can lead to needless privacy abuses that bring scrutiny and penalties from regulators, causing damage to the organization’s reputation.
Managing data is no longer confined to the multifaceted ecosystem of privacy-conscious consumers, digital staff and suppliers; data today is fuelled by mobility and the cloud. Perimeter-based security is no longer applicable. Data-centric security, where security is positioned closer to the data itself, is now the new reality.