NOTE: This is a guest blog from Entrust nFinity Partner Micro Focus Voltage
The centre of all great art is people, and it’s the same with data privacy. As your customers, clients, and partners, your people are at the centre of your business, buying your products and ensuring the smooth running of the organization. As any work of art, data goes through multiple stages and iterations, so must be secured throughout its lifecycle. Compliance to regulatory frameworks is paramount in allowing you to use your people’s data for valuable insights without exposing it to potential cyber threats.
However, compliance can be challenging. The number of regulations are increasing, and companies are struggling to know which frameworks to work when there are so many in the mix. 10% of US companies are actively working to comply with 50 or more privacy laws, 13% are are working on between 6 and 10, and 13% are facing between 11 and 49 laws.
Regulations include California’s recently enacted CCPA, India’s Personal Data Protection Bill of 2018, Brazil’s General Data Privacy Law 2018, Australia’s Notifiable Data Breaches Act 2017, Canada’s PIPEDA, KVKK in Turkey, and the Personal Data Protection Act in Thailand, which took effect from May 2020. There are also various industry-specific regulations with their own requirements, such as HIPAA for US healthcare providers. Some organizations may not be aware of the regulations that apply to them; for example, GDPR applies to all EU citizens no matter where in the world it’s held, making it important to businesses globally.
How can you help ensure that your business effectively addresses compliance in a confusing regulatory environment? The answer is end-to-end data security. A unified technology framework allows for a holistic analytics-driven approach to securing what matters most – data. Organizations need a framework flexible enough to meet the needs of the enterprise, but specific enough to offer a guide to risk reduction.
Micro Focus delivers flexible, modular solutions that help you identify and protect data, while controlling proper access—enabling your organization to comply with privacy regulations. Our efforts are focused on a three-pronged approach:
- Store and Apply Policy – Apply and enforce data and identity-based policies for cost efficiency, and to ensure a quick response to litigation/investigations.
- Secure and Encrypt – Prevent unauthorised access to data and automatically apply data-in-use encryption, data masking, and other data protection technologies.
The portfolio is underpinned by rich analytics that accelerate discovery of critical sensitive data at risk. With our privacy solutions, Micro Focus can help you apply data and identity governance policies, detect and respond to data breaches, and optimize backup and recovery—and, ultimately, protect data in use, in transit, and at rest. Data security enables cyber-resilience, the ability to rapidly adapt to constantly evolving threats, as well as regulations.
It’s clear data privacy and protection can also be an enabler for digital transformation initiatives such as cloud migration. With the right data security tools, enterprises can make the most of the cloud, while ensuring their sensitive data stays safe and secure. For more information, please register for our webinar “Cloud migration with confidence – Securing multi-cloud and hybrid IT” and learn how Micro Focus Voltage and Entrust nShield can help you transition to the cloud with confidence that your sensitive data is both protected and private.