Get the latest news in your inbox
The stakes are high — if ignored, you could be caught up in the unfolding public relations disaster, with the careers of data leaders and executives on the line, and board members face genuine liability risks.
The volume of high-profile data breaches has been on the increase:
And these are just a few, so what should you be doing about this? Below we will outline the driving forces behind the increasing risks and outline our strategic approach to protect your data.
There is a perfect storm that is driving the increased risks of a data breach for all organisations in every industry:
To tackle the growing risks of a data breach, make sure to implement the five strategies outlined below:
Perform a Data Audit
A data audit provides a view of your data landscape and allows you to answer the following questions:
This picture gives you a full understanding of your risk exposure and what gaps may need to be addressed.
Create Data Governance Frameworks
Now you know where your sensitive data is and any gaps, you need to keep it safe. This is where a data governance framework or a data governance strategy comes into play. It sets out the following:
Having data governance in place ensures that your sensitive data has the right security measures in place, reducing the potential impact of any data breach.
Develop an AI Policy
As artificial intelligence takes the spotlight, it's crucial to chart a clear path for its use within your organisation. An artificial intelligence policy is key in setting the framework for everyone to follow, ensuring that you address the risks and privacy considerations that could leave you exposed.
Yet, the stakes are higher than just the immediate considerations of risk and privacy, the absence of a well-defined AI policy introduces an additional layer of concern. The unregulated deployment of AI systems poses the inherent risk of generating biased outcomes or being susceptible to manipulation. This underscores the importance of a robust policy to keep things in check.
Focus on Data and Security Collaboration
To avoid these outcomes, data leaders cannot work in isolation, they need to collaborate with security experts. This approach will allow for a more cohesive strategy to prevent sensitive data from leaving the organisation without permission.
In addition to these strategies, we have created a comprehensive guide to enhance your understanding and management of data privacy. Our guide provides a straightforward, no-nonsense approach, turning complex regulations into actionable insights and clear strategies, tailored for your business.
By learning to identify critical data, manage risks, and turn compliance into a competitive advantage, you can navigate the data privacy landscape with ease and confidence.
Download the guide now and start fortifying your data privacy and security strategy today!