As high-profile data system breaches continue to make headlines, businesses and public agencies are focusing with increasing intensity on data privacy and security concerns. Upgrading information security systems, developing incident response plans, conducting penetration testing, and carrying out other information governance, privacy, and data management activities are time-consuming, expensive, and strain limited IT resources. Yet they are essential in today’s information-driven organizations, where the theft, loss, or unauthorized exposure of sensitive information can inflict devastating consequences in terms of reputational risk, increased compliance and regulatory costs, and direct financial losses.
Unfortunately, the effectiveness of data privacy and security initiatives is compromised if the organization has not taken one critical first step: developing and maintaining an accurate and comprehensive data map. Effective data mapping has become an essential compliance and regulatory response tool.
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