We are living in the "Age of Data". Data shouldn't be treated as digital exhaust, but as a "value creator". It is therefore important that we are aware of the power and risks associated with data. Managing data and deriving insights from it to gain deep insights to run an organization, optimize processes, and managing risks are complex undertakings. It requires specialized skills, sophisticated tool, and a significant amount of automation. AlyData launched this Data Awareness Campaign in 2020 to help our customers and prospects understand and appreciate the importance of data management and analytics.
EPISODE #2 (Feb. 3, 2020) - DATA PRIVACY & SECURITY: Over 1.2 billion records were compromised in 2018, from 440+ reported breaches over a period of twelve months. The average cost of a data breach has reached $3.92 million as of 2019*. These massive breaches raise a critical question; is your traditional security efficient enough for your transforming business?
While managing cybersecurity risk contributes to managing privacy risks, it isn't sufficient. Privacy risks can also arise by means of data processing incidents - a firm's inability to identify and properly secure sensitive data across its data supply chain. Click on the graphic below to launch the campaign video!!
* 2019 Cost of a Data Breach Report - https://securityintelligence.com/posts/whats-new-in-the-2019-cost-of-a-data-breach-report/
EPISODE #1 (Jan. 2, 2020) - DATA OVERLOAD: By 2025, 75 percent of the global population will be connected, creating and interacting with data. Companies should prepare for this data overload. It will create business opportunities, but will also introduce risk. Click on the image below to launch the campaign video!!