Understanding the Need for Data Protection
Data theft is increasing manifold with the increasing amount of crucial data that enterprises need to store today. Furthermore, the rigid government security compliance regulations have made it mandatory for organizations to give data protection a top priority. It is not only the big corporates that need to secure their data, but also the small and medium scale companies too need to do the same.
According to a research by Access Markets International, the predicted annual expenditure on data storage software, hardware and services by the SMB’s are estimated to increase in the forthcoming years. The research also reveals that globally the storage expenditure is likely to expand at a compounded annual growth rate of 43 percent in couple of years.
Some time back terms such as “data protection” and “disaster recovery” were synonymous with big business houses. However, the modern day business environment of robust software, reasonably priced disks and high-performance tape drives has helped organizations of all sizes to safeguard their data and cut down on losses and the negative impacts on the business. Majority of business houses today are on the lookout for data protection solutions that:
- Provides the end users a selection of suppliers and simplicity in data interchange
- Helps to reliably utilize high end technology for an application thereby reducing backup failure
- Offers sufficient capacity and performance so that the backup can occur within the available backup window
- Are user friendly and easy to maintain with ongoing low cost of ownership along with lesser complexities
Focusing on these requirements and demands, esteemed solution providers of application security programs have introduced innovative data protection solutions. These solutions function in three simple steps that are:
Designing and Strategy
This step focuses on reviewing the company’s data security requirements and then comes up with an effective data classification strategy. Post this company’s critical data is analyzed depending on various aspects like those that how it is used, shared, who owns it and the like. Based on this assessment a systematized data protection framework is designed
Control and Integration
This step helps the end users and organizations to implement innovative security and data protection technologies, such as data leakage prevention, information/ digital rights management and other encryption tools.
Sustenance and Optimization
This is the final step, that enables organizations to optimize and fine tune the technology implementation for bringing down the KPI reporting’s, false positives, and executing a robust incident and consequence management framework for end-to-end vigilance.
In today’s era of acute competition, data is the life-force of every organization. Any compromise in data protection might lead to revenue loss and brand erosion that would take a long time to retrieve. In order to avert these negative consequences it is best to invest in an efficient data protection solution.