Doug Drinkwater 18 Apr. 2023
Strategic Data Management
From identity theft through to financial fraud and even blackmail, the consequences of a data breach in today’s digital landscape can be devastating for individuals, businesses, and governments alike.
Unfortunately, we find ourselves caught up in an ongoing cybersecurity arms race; threat actors develop increasingly sophisticated methods to exploit vulnerabilities, while defenders work tirelessly to mitigate risks.
Data governance and decentralisation offer opportunities to reshape how we approach data management and protection.
But before we talk solutions, let’s look at what’s powering this cybersecurity whack-a-mole dynamic.
The endless battle between cybercriminals and security professionals is driven by:
Staying ahead of cybercriminals means security professionals must constantly adapt their defences and develop new ways to protect against emerging threats. But technology alone will not be enough to keep those threats at bay.
Data governance is a set of practices, policies, and frameworks that ensure the proper handling of data throughout its lifecycle, touching on everything from data collection and storage, to processing, analysis, and disposal. As data breaches become more common and costly, the importance of robust data governance practices become increasingly obvious.
Also gaining traction is the concept of data decentralisation. Distributing data across multiple locations, devices, or systems reduces the risk of data breaches or single points of failure. Decentralised systems, such as blockchain technology, can enable better control over data, enhanced security, and more resilient infrastructures.
As the cybersecurity arms race escalates, it is crucial to strike a balance between defending against emerging threats and implementing effective data governance and decentralisation practices.Key considerations include:
With no end in sight for this cybersecurity arms race, organisations must remain vigilant in protecting sensitive data and digital systems. Data governance and decentralisation can play a significant role in strengthening the overall security posture, but they must be implemented in tandem with other cybersecurity measures. By fostering collaboration, implementing comprehensive data governance frameworks, leveraging decentralisation, and continuously adapting to emerging threats, we’ll be winning more battles, if not the war.
If you’ve been exploring new ways to shore up your organisation’s data security defences, get started by contacting our 460degrees Strategic Data Management Experts.
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