Global Data Diaries | May 20, 2022

View from Peter Lancos, CEO

"Welcome to another edition of eXate's Global Data Diaries series, a fortnightly blog series that aims to bring you the latest news, tips and insights from the world of data privacy. With most digital areas of today attempting to become more sustainable, data privacy is no exception. This week, we discuss key factors to securing data sustainably."

Many organizations today collect much more data than needed for business operations. Approximately 60% of the collected data is unused because it is either redundant, outdated, or insignificant. By eliminating this data—or by not collecting it in the first place—businesses can cut down on storage requirements and costs while also supporting sustainability objectives by using less energy. It is crucial to note that data centers are a major cause for carbon emissions.


Storing data sustainably can have a huge impact on security as well. The traditional mindset for data security is to collect everything and store it for as long as possible, whether or not the information is truly needed. This opens many doors for cyber adversaries focused on gathering sensitive data and using it for blackmail, extortion, identity theft, and other malicious purposes.


Data security can be improved by storing only what you need. It has become important for establishments to ensure that they collect data only for valid business purposes and have robust policies for data retention, management, disposal and privacy. A lean data framework can go a long way toward enabling these objectives while also ensuring that business can continue to generate insights and revenue through business intelligence and analytics.


Another way to steam ahead towards a more sustainable data framework is by knowing your data footprint. This not only encompasses the volume but also analyses the security and privacy impacts that the data actually has.


How secure and sustainable is your data? . We, at eXate, strive to orchestrate smart data privacy. Read more about our products, the Hard Problems We Solve and our PETs here.


 

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