Data Breach Risk Intelligence
Sensitive data left exposed on systems poses a great risk to your customers. Risk Intelligence assigns a value to your data vulnerability, helping you build a strong business case for data protection and triage the most important problems to tackle. Some of the powerful features include:
Gain visibility of sensitive data
Easily identify unprotected data and its location, understand how an attacker would compromise it and discover how much a data breach would cost.
Minimize the risk of a data breach
Avoid cost-prohibitive and crippling data breaches, which can be detrimental to a business and its reputation.
Build a business case for security projects
Understand the total risk exposure within an IT environment in dollars and use this insight to connect security to business value, helping to justify the resources and expenditures needed to better safeguard data.
Demonstrate regulatory compliance
Satisfy a host of compliance requirements that mandate periodic risk assessments and audits, including HIPAA, PCI DSS and FINRA.
Offer more comprehensive security
In addition to securing endpoints, o er a more comprehensive, data-centric approach to security that addresses unprotected data, regardless of where it lives.
Who should be concerned about security and privacy?
Customer data is a key currency of today’s information-based economy; so regardless of your industry, you probably collect, store and share information about your customers. This data may include Social Security numbers, driver’s license numbers, mailing addresses, e-mail addresses, telephone numbers, credit card numbers and bank account numbers. If you use any of this type of information, you need to keep reading.
Small businesses are MORE at risk than large businesses
Popular wisdom may hold that large businesses are most at risk for identity theft and fraud—but that’s not the case. As we’ve already shown, data thieves are flexible: They operate using both high-tech and low-tech methods. As a result, security applies to every business that collects and stores customer information. Small businesses are a particularly attractive target because they often don’t have the strong data security protections that large businesses do.
If you think you’re exempt from compliance with customer data security and privacy laws because you’re a small business, think again. Businesses of all sizes are responsible for compliance with these regulations—and those that don’t comply may face fines or lawsuits.
Compliance isn’t a choice
Regardless of whether you think you’re at risk for data theft, you’re legally required to take proactive steps to prevent it—no matter how small your company is.
For example, all small businesses must comply with the Fair Credit Reporting Act (FCRA) when seeking to obtain consumer reports, such as credit reports and employment reports, about potential customers and employees.
Other requirements vary by business type. Small nancial businesses, for example, must comply with the federal Gramm-Leach-Bliley (GLB) Privacy Rules and Safeguard Rules—and companies that need to comply include those that might not necessarily think of themselves as financial, such as automobile dealers, tax planners, and some travel agents. Small health care businesses must follow the privacy requirements of the federal Health Insurance Portability and Accountability Act (HIPAA) Privacy Rule and its data security requirements.
As a small business owner or manager, it’s your responsibility to stay current on privacy and security laws affecting your customers—so establish good security and privacy practices now.