How Top Companies Protect Data
Protecting customer and business data is critical for safeguarding competitive edge, brand reputation, customer loyalty, as well as fraud reduction and regulatory compliance. As businesses of all sizes collect data from their customers and big data from a variety of sources, they must preserve consumer privacy and prevent identity theft. Regulations such as European Union’s GDPR and California’s CCPA have strict requirements around how companies collect, process and store personal data, and the U.S. Federal Red Flags Rule requires companies to prevent identity fraud by managing identity theft red flags. With the advent of artificial intelligence and machine learning in big data collection and analysis, there is no shortage of target and incentive for data thieves who can profit enormously from valuable data that companies own. Thus, data breach is a serious and rising threat which must be considered by risk aware organizations globally. This video explores how top companies protect data.
Protecting customer and business data is critical for safeguarding competitive edge, brand reputation, customer loyalty, as well as fraud reduction and regulatory compliance. As businesses of all sizes collect data from their customers and big data from a variety of sources, they must preserve consumer privacy and prevent identity theft. Regulations such as European Union’s GDPR and California’s CCPA have strict requirements around how companies collect, process and store personal data, and the U.S. Federal Red Flags Rule requires companies to prevent identity fraud by managing identity theft red flags. With the advent of artificial intelligence and machine learning in big data collection and analysis, there is no shortage of target and incentive for data thieves who can profit enormously from valuable data that companies own. Thus, data breach is a serious and rising threat which must be considered by risk aware organizations globally. This video explores how top companies protect data.