In 2006, British mathematician Clive Humby struck a chord with a powerful phrase: "Data is the new oil." Just as crude oil requires refinement to unleash its power, data in its raw form holds latent potential. Unfortunately, there's a twist in this tale: unintended consequences from spills. We're all aware of the devastating impact of an oil spill. Now, think of data breaches. The parallel is uncanny and terrifying.
A Lasting Impact
Just as oil leaks can wreak havoc on ecosystems, uncontained data can spell disaster for businesses and individuals. They are leaving lasting consequences that consume resources for years to clean up. What if our guardians of personal data - health records, credit card details, or personal identification - protect it with the same commitment as those safeguarding oil reserves?
Data breaches are not just in the news—they're becoming the norm. While organizations fortify their networks, the data continues to be vulnerable. A critical observation is that, shockingly, many don't even know the whereabouts or the nature of all their data. The good news is that this is all about to change.
We Need to do More
Data is a double-edged sword. It's the backbone of innovation and progress, but in the wrong hands, it can be weaponized. As we usher in a new era of digital reliance, it's not just about guarding the gates—it's about knowing and protecting what's inside them.
As leaders, it's time to do more than just meet regulatory standards. Begin with pinpointing your data and understanding its nature, then protect it. Remember: Before you start your digital drilling, know where you're digging.
Most importantly, "How are you safeguarding your environment both to avoid and in the event of a spill?"
Looking for Guidance? It all starts with a conversation. DataStealth is here to help!
Written by Lindsay Kleuskens, Business Development of DataStealth.io