GRC Viewpoint

Sensitive Data Protection Is Of Utmost Important for Current Enterprises

The legal system is focusing more on the implications of being unable to protect sensitive data. There are new rules defining the protection of data.

Enterprises face the need to stay ahead of the recent happenings in the legal sector regarding data protection and privacy.

READ MORE: How a Security Data Backbone Drives Leadership

Companies unable to identify and defend their sensitive personal data (SPI) risk breaking numerous newly established legislation as new laws in many US states and other nations have started to define and protect SPI.

A significant breach of sensitive data may lead to legal complications beyond countries. For instance, in case of a severe data breach, a multinational firm will probably be hit with dozens, if not hundreds, of fines from all the countries where the impacted people are located.

READ MORE: ChatGPT Now May Contain Sensitive Data Fed By Employees, Security Fears Prominent

Enterprises realize that the legal complications can be pretty troublesome. With consistent efforts to stay compliant with legal trends, enterprises need to find and adhere to other strategies.

As high-profile data breaches become more frequent, enterprises may be forced to adopt a less is more approach. In simpler terms, the concept focuses on having fewer data for more efficiency. 

Data management experts will specifically search for cloud-enabled data mobility solutions and allow data migration, data replication, and data synchronization to enhance ROI by removing data silos.

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