The essence of Digital Transformation is to create new business models leveraging technology. Many of these business models will leverage data, either as an enabler or as the product itself. Data management, however, has in the past focused on ensuring uptime availability of the data for the business, whilst the IT security function has focused on protecting systems, networks and devices. Data security has, until recently, fallen through the gaps of siloed organizations, but it needs to change and there are three driving forces in the region that make this an imperative for all organizations, public and private.
• Cloud computing brings with it a new wave of opportunity to have an incredibly agile IT infrastructure, but it brings with it a new set of data security risks.
• Legislation around data privacy and data management is emerging across the geographies of Asia-Pacific and with it comes the potential for organizations to experience financial loss should data not be managed and secured correctly.
• Business partners are beginning to embed data privacy and security clauses in B2B contracts, putting business revenue at risk should a data breach occur.
During this webinar IDC will highlight some of ways in which data creates value, and identify the reasons why data security, whilst not a new imperative, needs to be addressed in a manner that is more effective and efficient than it has been to date. Data security today is not just about protection against a breach, it's about avoiding losses and incurring costs, but more importantly about securing future revenue streams.