Here it is plain to see that IRM and DLP solutions are yet again proving how incredibly useful they are to an organisation that works after the GRC model. There are numerous and highly tangible benefits to each of the three fundamental pillars, allowing organisations making the most of IRM and DLP solutions to easily achieve and maintain compliance with regulation.
It is not uncommon when running a business that various regulations and security standards need to be followed. Working towards being fully compliant with regulations, contracts and policies can be a challenge and highly costly in the end if compliance is not maintained. All regulations and security frameworks comes with expectations that a company maintains watertight security over data such as social security numbers, credit cards numbers, financial data etc.
IRM and DLP maps in to all of the known standards and regulations and helps organisations to stay complaint as well as keeping intellectual property secure.
CLICK HERE To get a detailed explanation of the ways that IRM & DLP will allow an organisation to better comply with regulations and standards in order to remain fully compliant.
Being overprotective is not always the most cost effective way for an organisation to protect itself against a data breach; some areas require more attention than others and a risk assessment will always highlight this. Here the enormous benefits IRM & DLP combined show through, as the technology can be focused to protect areas where the most sensitive data is being stored or transported / shared. An updated risk assessment after successful integration of IRM / DLP will show that the risk of expensive data breaches will be drastically minimised and security highly improved.
Making appropriate decisions on a management level requires access to up to date and accurate data. It can be a challenge to keep track of confidential data and where it resides.
IRM & DLP combined not only protect confidential data automatically when on the move or while at rest, it also stores this information allowing it to be extracted for reporting purposes. With easy management consoles, classified content can be tracked for a perfect overview on where the data persists. This proves to be invaluable information when deciding where to focus security efforts, allowing for an effective way of allocating and managing resources.
This section will cover the ways in which IRM combined with DLP will interact with the three fundamental pillars of the GRC model. Governance, Risk Management, and Compliance, also called GRC, are the pillars that aim to improve the way a business handles information in a highly effective manner. Together, these pillars aim to improve; how information is accessed and managed, how risks to that information are monitored and mitigated and how a business is conforming to relevant information security standards and regulations.
IRM & DLP with The GRC Model
The purpose of GRC is to;
1. Guide an Organisations’ Performance
2. Improve Product and Service Quality
3. Prevent Business Damage
4. Improve Levels of Control
The reasons how and why a risk of data breach will be reduced are explained below:
IRM & DLP allows drastic reduction to risk of being subject to data leaks by effectively and securely protecting your confidential information. This means that organisations are prevented from having to deal with the costly and highly damaging repercussions of a data breach.
IRM allows true control over access to confidential files. Authorised personnel are able to easily place access rights on documents allowing certain individuals certain levels of access while preventing others from access entirely. Not only this, but there is the ability to shut down access to said file completely no matter where that file actually is, so a business is protected even in the event that file leaves the premises.
With IRM there is a high level of control over specific permissions associated with different levels of access authority that a user has. So for example a user can easily have access created that allows them to read a document, but does not allow them to edit or print it out. Thiseffective tailoring of users’ authorisation means that employees always have the access they need, not the access they don’t.