Data security
Data Security and Regulations
SRK
Abstract
This paper discusses data security, its importance and implementation. The way threats are posed to information of organizations is also discussed. There are plenty of leakage preventive solutions available in the market. Few of them are listed in the paper. There is a list of regulations governing data security in financial and healthcare sector at the end.
Data Security and Regulations
As we are advancing into information age, more and more data about a people as well as corporations are being recorded and stored in electronic form in order to retrieve and transport easily. The data network technology is also evolving, as a result accessing and transferring of data has become extremely easy. Along with ease comes the issue of security. There are certain kinds of data that are public and there are those that need to be confidential. The problem comes with the confidential data; this data needs access by only those that are supposed to. This is where information security begins. Information security has been around from ages, even during the time of kings, data security was around. But currently, Information security is more important than ever as more data is available and access is also easy.
Personally Identifiable Information (PII), confidential information, intellectual property are the types of data assets that needs to be secured (Axelrod, Bayuk, Schutzer, 2009). PII is the data about an individual that can be used to identify the person; this data can be misused by anyone to get access to one’s financial information, medical information, etc. If this is not protected, there could be monetary or privacy damage. There are laws in most countries to protect PII but there are always loopholes and miscreants (Axelrod, Bayuk, Schutzer, 2009).
Confidential information is regarded so depending on the context and time. This could be designated by the owner of data or the data sharing parties
SRK
Abstract
This paper discusses data security, its importance and implementation. The way threats are posed to information of organizations is also discussed. There are plenty of leakage preventive solutions available in the market. Few of them are listed in the paper. There is a list of regulations governing data security in financial and healthcare sector at the end.
Data Security and Regulations
As we are advancing into information age, more and more data about a people as well as corporations are being recorded and stored in electronic form in order to retrieve and transport easily. The data network technology is also evolving, as a result accessing and transferring of data has become extremely easy. Along with ease comes the issue of security. There are certain kinds of data that are public and there are those that need to be confidential. The problem comes with the confidential data; this data needs access by only those that are supposed to. This is where information security begins. Information security has been around from ages, even during the time of kings, data security was around. But currently, Information security is more important than ever as more data is available and access is also easy.
Personally Identifiable Information (PII), confidential information, intellectual property are the types of data assets that needs to be secured (Axelrod, Bayuk, Schutzer, 2009). PII is the data about an individual that can be used to identify the person; this data can be misused by anyone to get access to one’s financial information, medical information, etc. If this is not protected, there could be monetary or privacy damage. There are laws in most countries to protect PII but there are always loopholes and miscreants (Axelrod, Bayuk, Schutzer, 2009).
Confidential information is regarded so depending on the context and time. This could be designated by the owner of data or the data sharing parties
References: Axelrod, C. W., Bayuk, J., & Schutzer, D. (Eds.). (2009). Enterprise Information Security and Privacy. Norwood, MA, USA: Artech House. Calder, A., & Watkins, S. (2012). IT Governance : An International Guide to Data Security and ISO27001/ISO27002 (5th Edition). London, GBR: Kogan Page Ltd. Straub, D. W. (2008). Information Security : Policy, Processes and Practices. Armonk, NY, USA: M.E. Sharpe, Inc.