Discover the best DLP solutions on the market today. Uncover how these security solutions work to support organizations in protecting their sensitive data from unauthorized access, use, or disclosure.
The stakes are high when it comes to data loss. Data breaches cost organizations millions of dollars every year, with a global average cost of $4.24 million according to the IBM Cost of a Data Breach 2021. Despite advancements in cybersecurity, it’s still no easy task to protect valuable business information.
Poor data storage and data security can lead to serious losses. There are a number of ways data can be lost or stolen – including phishing, ransomware, data exfiltration, and insider threats, to name the most common. With a robust data loss prevention (DLP) solution in place, organizations can offer better protection to sensitive data stored in their databases.
In this article, we’ll consider the best DLP solutions on the market for data loss prevention. Some of the key features to look out for are their compatibility with relevant regulatory frameworks like HIPAA or GDPR. You also want to find a solution that protects all of your data, wherever it is, without putting up too many barriers for your users. Otherwise, productivity will be affected, and employees may decide not to implement the proper security protocols to save time.
The Top Data Loss Prevention software solutions include:
What Is A Data Breach?
A data breach is an incident where sensitive or confidential information is improperly accessed. Data breaches have been around for as long as storing data has existed; data breaches were once physical threats. Now, data breaches look very different. They are digital attacks that are continually evolving to navigate advanced cybersecurity measures.
How Does A Data Loss Prevention Solution Work?
When there are multiple users with access to the same information, data loss is hard to avoid. They might each be performing a different task such as data analytics, data mining, accounting, customer support, and machine learning operations – a user might not realise how their actions affect data that they are not focused on.
Data loss prevention software is designed to help avoid this from happening by implementing a set of policies and applications to monitor how data is used. It will track what the data is, who has access to it, and what they did whilst they had access.
DLP solutions are focused on identifying sensitive data, managing access to that data, and taking measures to ensure it is appropriately secured. They will determine which data operations are legitimate and which are potentially risky and could pose a threat to the organization’s assets. They can then take steps to keep data secured and ensure access visibility.
What Are DLP Vendors?
Security vendors such as Symantec, GTB Technologies, Proofpoint etc. have, as part of their suite of security solutions, a data loss prevention offering that is designed to manage and protect both data in use (endpoints), data in transit, and data at rest.
Organizations today are relying on an ever-growing stack of security vendors to meet their security needs. An increase in vendors inevitably leads to an increase in complexity, which can end up having a negative effect. If a security stack is too diverse or too complex, it may be improperly configured and therefore have loopholes or vulnerabilities. Consolidating data protection in a single, reliable solution delivers a simplified solution to the problem and allows organizations to reach their goal of protecting their sensitive data.