Your information assets are some of the most important ingredients to your corporation’s success but also the hardest to effectively protect across the extended enterprise given the proliferation of distributed users communities, mobile devices, virtualized platforms and cloud computing. The importance of data security has evolved across several IT product categories, particularly Data Loss Prevention or DLP.
DLP describes a set of technologies and inspection techniques used to classify information content contained within an object — such as a file, email, packet, application or data store — while at rest (in storage), in use (during an operation) or in transit (across a network); and the ability to dynamically apply a policy — such as log, report, classify, relocate, tag and encrypt — and/or apply enterprise data rights management protections.
Simply put, DLP allows you to programmatically protect specific information from leaving your organization without you knowing about it.
Typical data leak cases that cost companies up to 5 percent of revenue every year include loss of customer account details, exposure of confidential information, and stealing of sensitive data.
The facts on data breaches are disturbing:
- The average data breach costs $142 per lost record
- 514 million people affected by data loss since 2007
- Over 10 million of people had their personally identifiable information lost or stolen in 2010
- Breaches within financial services have affected a third of total records lost since 2007
- 25 percent of 2010 incidents were within healthcare
- 38 percent of incidents involving a third party occurred within government
- 80 percent of incidents is in five sectors: healthcare, government, education, financial services and retail
- Insiders, employees and contractors who have authorized access to confidential data are liable for 70 percent of total data leaks.