Make a plan to prevent loss.
One of an organization's greatest assets is its data, the growth of which is constant. Enhanced business intelligence and analytics capabilities are transforming data into actions.
The value of data is increasing as the actions derived from it serve to differentiate organizations in the marketplace. The type of data may vary, but may include:
- Confidential Information
- Credit Card and Other Financial Data
- Important Information to the Business
- Electronic Patient Health Information (ePHI)
- Personally Identifiable Information (PII)
- Trade Secret Information
Failure to protect data has some of the following risks:
- Data Loss
- Financial Loss
- Reputation Damage