17th January, 2020
Ai Editorial: Data security and privacy-related initiatives are now a priority, and travel merchants have to embrace proactive and appropriate tools for the entire organization, writes Ai’s Ritesh Gupta
It is imperative for organizations to capitalize on personal data, and at the same time address concerns pertaining to privacy and misuse of such data.
So if on one hand, travel merchants are sharpening their initiatives associated with collecting, sharing, analyzing and processing data, on the other it has to be ensured that data is secure and complies with the latest data privacy regulations. The arena continues to evolve with relatively new regulations, including the General Data Protection Regulation (GDPR), which came into force in May 2018, and the California Consumer Privacy Act (CCPA).
Some crucial topics that are being discussed are how to protect data at the source level, how to avoid heavy data exfiltration, what does constant modernization of data operations entail etc. Also, what are the requirements of privacy laws- opt-in and opt-out options?
Gearing up for data privacy challenges
Certain areas that demand attention are:
Plus, IBM also recommends an operating model – starting with an assessment across governance, people, process, data and security, then finalizing standards that cover governance, training, communication, privacy, data management and security management. Post this, there is provision for detail data discovery and embed standards, procedures, and tools to enhance existing processes. And there is also necessary training to ensure skills transfer. Finally, all relevant business processes and security control are executed.
This approach is becoming a necessity, considering that fact merchants not only need to counter the threat of a breach via a risk-adaptive defense mechanism, but also for ease of operations for any entity operating in the connected digital landscape. Projecting how the cybersecurity strategy is going to shape up in 2020, Forcepoint indicated that the same will move from “indicators of compromise to indicators of behavior” and will focus on comprehending risks that lie within and the importance of preventing data theft no matter the user, device, transfer medium or cloud application.
Keen on exploring data privacy and protection issues?
Check-out Ai’s conferences scheduled for 2020: https://lnkd.in/fE7UK_T