Balancing critical data requirements is a 24-7 task for enterprise-level organizations that must straddle the need to open specific gates to enable self-service data access while closing other access points to maintain internal and external compliance. Data breaches can cost U.S. businesses an average of $9.4 million per occurrence; ignoring this leaves organizations vulnerable to severe losses and crippling costs.
The 2022 Gartner Hype Cycle for Data Security reports that more and more enterprises are modernizing their data architecture with cloud and technology partners to help them collect, store and manage business data; a trend that does not appear to be letting up. According to Gartner®, “by 2025, 30% of enterprises will have adopted the Broad Data Security Platform (bDSP), up from less than 10% in 2021, due to the pent-up demand for higher levels of data security and the rapid increase in product capabilities.”
Moving to both a modern data architecture and data-driven culture sets enterprises on the right trajectory for growth, but it’s important to keep in mind individual public cloud platforms are not guaranteed to protect and secure data. To solve this, Privacera pioneered the industry’s first open-standards-based data security platform that integrates privacy and compliance across multiple cloud services.
During this presentation, we will discuss:
– Why today’s modern data architecture needs a DSP that works across the entire data ecosystem; Essential DSP prescriptive measures and adoption strategies.
– Why faster and more responsible access to data insights helps reduce cost, increases productivity, expedites decision making, and leads to exponential growth.
Talk by: Piet Loubser
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