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The True Cost of Data Leaks

business documents on office table with smart phone and digital tablet and stylus and two colleagues discussing data in the background

Let’s talk about data loss prevention (DLP) and how your organization can protect itself from any data leaks that are related to IP or regulatory compliance such as GDPR or HIPPA. According to some estimates, an average breach can cost a company around $150 per account which is an unthinkable amount to pay when millions of records could be compromised.

Thankfully, there are some really cutting-edge DLP solutions available in the market, and the following are the essentials that an organization should seek:

  • Predefined DLP library: A pre-built library covering regulatory use cases such as FINRA, GDPR, and HIPPA.
  • Optical Character Recognition: Useful for detecting and extracting textual data such as PII from images
  • Inline DLP: Real-time DLP can only be achieved inline which will work for any application and on any device – managed or unmanaged.
  • API integrations: Leading SaaS apps have security APIs which can be used to enforce DLP at rest, which is critical for any organization using apps such as O365, G-suite, and Slack.

The challenge for CISOs that are trying to scope out an ideal DLP solution is not the exhaustive set of predefined libraries or API integrations but how to enforce DLP on any device in real time. At Bitglass, we strive to make our cloud access security broker (CASB) solution future proof and provide a zero-trust approach to security. Our robust DLP solution can apply contextual access control in real-time on any type of application ranging from public SaaS apps such as O365 to custom apps hosted on private clouds. With our multi-mode CASB and our zero-trust approach, we can enforce DLP on any device – managed or unmanaged – no matter what your attack surface is beyond the firewall.

To learn about cloud access security brokers (CASBs) and how they can protect your enterprise from data leakage, malware, and more, reach out to use and schedule a demo. 

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*** This is a Security Bloggers Network syndicated blog from Bitglass Blog authored by Abhigyan Smit. Read the original post at: https://www.bitglass.com/blog/the-true-cost-of-data-leaks

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