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Factoring Data Security Into a Digital Transformation Strategy

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Factoring Data Security Into a Digital Transformation Strategy

Take control of your digital transformation strategy .

· Security Zone ·
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Digital transformation refers to the use of the latest, fast, and dynamic digital technology to solve various problems. A digital transformation service uses cloud computing, which reduces dependence on user-owned hardware while increasing the dependence on subscription-based cloud services.

You may also like: Encryption, Part 1: Symmetric Encryption.

How Digital Transformation Benefits Enterprises

  • Customer-centric operations — Digital transformation helps companies to focus on what customers want as services improve across the channels.
  • Consolidated operations — New technologies help in streamlining business overflows. Overhead that's usually associated with obsolete solutions ceases to be a problem.
  • Enhances customer strategy — With new technologies such as AI, organizations can acquire, retain and assist customers.
  • Reduces costs and increases sales — At the beginning of digital transformation, enterprises may need to spend on new technologies. But, with time, operations become customer-centric, and the efficiency of tasks increases.

    Consequently, employees become more productive and customers are satisfied. Happy customers stick around the business longer and can refer the company to their friends.

The Need to Secure Data

As companies continue to adopt digital transformation, there's constant creation, storage, and transfer of huge amounts of sensitive, digital data. The entire process puts such data at risk. With the rise in the use of IoT, mobile, and cloud devices, a new type of attack surface begins to attract the attention of cybercriminals.

A few years back, the network perimeter used to be the four walls that surround a corporate enterprise. But with the rise of transformative technologies, this perimeter continues to change.

Today, most enterprises use sensitive data in the IoT, mobile, cloud, or big data environments. These organizations continue to keep their data in multiple locations. And although it's still important to safeguard the perimeter, it's no longer enough to implement strategies that prevent the loss or theft of sensitive data. Thus, enterprises are moving their focus from merely the perimeter to securing data itself regardless of its location.

Factoring Data Security Into a Digital Transformation Strategy

Embracing digital transformation services may mean that businesses have to experience both unplanned and planned disruptions. However, a successful digital transformation requires the implementation of solutions that can minimize unplanned disruptions and enhance data protection. The solutions include:

Modern and Resilient Backups

Organizations should start moving from conventional backup capabilities and adopt a modern and more resilient approach that uses constant data protection. Combining this with the ability to organize and automate the movement of apps to an ideal infrastructure will help the business to go beyond just protecting their customers' data. Companies will:

  • Become IT resilient.
  • Protect their data.
  • Protect their infrastructure.
  • Safeguard brand reputation.
  • Not worry about downtime.

Monitoring, Managing, and Tracking Data Within a Company

In an organization, it's important to know the location of each piece of data as well as who can access it. Besides, there is a need to tag the data and track its mobility in a bid to understand its use. This is not only vital when it comes to fulfilling legislation requirements for data protection; it also helps when it comes to locating and moving data in an agile way.

Automation

While manually tracking data works for most companies, processing information from numerous data sets can take tons of time and lead to errors. To avert such issues, digital-forward organizations value automation. Automating data infrastructure helps organizations to ensure that all data is:

  • Well tagged.
  • Auditable.
  • Identifiable.
  • Quickly retrievable.

Ongoing Compliance Training

Businesses face a wide array of reputation, financial, and legal risks. That's why it's worth investing in continuous compliance training and digital consulting to make employees more aware of the issues and rules that surround data.

The training helps people within the organization to keep in mind the possible compliance impacts as they make decisions especially with regard to handling data. Without undergoing training on regulations such as General Data Protection Regulation (GDPR), companies may lack adequate awareness of data protection and get derailed from effective digital service delivery.

Other than providing ongoing training to your staff regarding data compliance, it's also recommended they be educated on data protection as a whole. Specifically, organizations should educate staff on the possible threats they may face and what to do about it.

Regular Penetration Testing and Vulnerability Scanning

Carrying out penetration testing and vulnerability scanning on a regular basis is the ideal way to ensure your security is a good match for threats. Remember the threat landscape moves fast and thus, you should scan and test frequently.

If serious problems, such as ransomware, occur, then backups and disaster recovery can be useful. However, since cybercriminals are also targeting disaster recovery and backup systems, you also need a strategy to protect them.

Robust Security and Recovery Measures

Improved security is an essential part of digital transformation services as well as digital service delivery. If you are not confident in your data security, it's probably time to do something about it. Cloud and hosting providers should put in place security measures that stop cybercriminals from having a field day. This will also help to safeguard customer data.

Furthermore, if breaches happen, like it's the norm these days, businesses should be confident that their provider has reliable security and recovery strategies. Such assurance gives business executives peace of mind that their data is safe.

Encryption

Companies are investing and adopting new technologies, including Big Data, Internet of Things (IoT), mobile payments, edge computing, AI, and cloud services. If implemented, these technologies are part of the digital strategy services that can help businesses in amazing ways.

For example, using such technologies, enterprises can be able to analyze data that shows new business opportunities. These technologies can also enable companies to open up new payment methods for increasing customer orders. Besides, companies can also be able to create smart charts.

But in the rush to adopt such technologies, which requires the use of sensitive data, protection, and encryption of data is not a priority, leaving a security loophole for cybercriminals to exploit.

Why Is Encryption Important?

Encryption is the leading solution used by companies to protect their data. Even if there's a data breach, exploiting encrypted data can be difficult unless whoever accessed the data has the right key to decrypt the data.

When moving data to the cloud, most organizations lose control over the storage and protection of the encryption keys. The best practice would be to separate the encryption keys from data. While moving data to the cloud, organizations can keep control over their encryption keys by ensuring the keys are separate from the cloud provider.

Protecting sensitive data in a multi-cloud environment can be a challenge for most companies seeking compliance, as they need to show that the data is under their control. With the onset of compliance, regulations like GDPR, non-compliance has more severe penalties than it was in the past.

By adopting top-notch encryption techniques, particularly for cloud and other technologies, businesses will address more stringent compliance requirements. They will also start embracing the most recommended practices in the industry.

To achieve this, enterprises need to consider solutions that make it possible for them to have control over encryption keys and have secure access to data while dealing with multiple clouds.

Conclusion

Digital services help businesses to be more efficient and reach out to a broader customer base. However, with the adoption of new technologies such as AI, cloud storage, and Big Data, the issue of data security can't be overlooked. Luckily, organizations can start taking steps to safeguard sensitive data and protect their reputation as well.


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Topics:
digital transformation ,artifical intelligence ,robotic ,automation ,blockchain ,bigdata ,analytics ,security

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