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No Need to Defer Data Center Value for Security – Do It Together

As companies continue to focus on their digital transformation to capture the value of their data and improve processes, the momentum behind digital transformation is increasing, with greater capital being allocated towards digital investments, with spending expected to reach $1.7 trillion by the end of 2019 and nearly $2 trillion by 2022, according to recent reports from IDC.

In this wake, there remains another transformation that must be addressed; the ongoing threats of cyber-attacks and data leaks has resulted in many of today’s data centers simply adding more security protocols to their processes to protect their data, inadvertently slowing down their digital transformation and collaboration capacity, which ultimately strangles business operations. More, the threat of cyber-attacks has shown no signs of diminishing and business agility and transparency continue to be reduced.

How can organizations place themselves in a better position to gain maximum business value from their data?

Being able to collaborate effectively, in a way that doesn’t negatively impact business performance, is essential to thriving in today’s data-driven world. However, this delicate balancing act presents complications when it comes to ensuring a seamless and secure flow of information, both internally across different areas of the business and externally with other companies.

Organizations have to allow data to flow across many different business units to make business decision quickly, while at the same time ensuring that business-critical data is secure and protected from actors with bad intentions and Correlata’s CorreAsses is the industries only solution that can assess and address this complicated feat.

Many organizations simply don’t possess the infrastructure or expertise to effectively collaborate and share data securely, especially those using traditional centralized back-end data architectures.

Despite their best efforts, most enterprises lack the level of transparency and control required in the first instance, and further have no way to track of subsequent uncontrolled copies and shares of data. This raises serious risk and compliance concerns with worldwide legislation such as the General Data Protection Regulation (GDPR), Health Insurance Portability and Accountability Act (HIPAA), California Consumer Privacy Act, Act on the Personal Protection of Personal Information (APPI), among many others that are in place and will hold businesses back in their digitization efforts.

It’s clear that technology advancements and digital transformation projects will cause the amount of data being generated to grow exponentially over the coming years and any business looking to gain an advantage will therefore have to find ways to manage this information as effectively and securely as possible by enabling a seamless, secure and trusted flow of data.

Not only will this be essential to getting the most out of digital transformation and reducing risk, it will also unlock the ability to create real-time value chains and introduce new levels of business performance.

Author


Ofer Laksman