With organizations now relying so much on data, they should look towards a fine-grained policy-based approach to control access to critical information.
By Gerry Gebel
We are living in a data-driven world where organizations rely on data for virtually everything. Businesses across every vertical have become reliant on data for day-to-day business operations by collecting and analyzing massive amounts of data, seeking insights and trends that were previously hidden from view. Data is the fuel that drives business decisions, helps create customer loyalty, supports digital initiatives, enables an end-to-end customer experience, and so much more. Simply put, data is a crucial asset to any business.
This shift to a data-driven business environment means traditional enterprises are now becoming “digital data enterprises” — in part to stay competitive but also to stave off industry disruptors and new market entrants. Organizations must embrace the value of their data to transform customer information into analytical insights and drive increased satisfaction and revenue. However, becoming a “digital data enterprise” requires organizations to share critical, highly regulated information assets about customers while maintaining its privacy and security. This is no easy task, but it’s not impossible.
Let’s look at how organizations can help maintain database security and integrity but still allow a highly collaborative and well-balanced approach to sharing information.