Data Loss Prevention: How DLP Protects Businesses and Their Customers
The data you have is precious, and data loss prevention software ensures that it stays where it belongs. Data loss prevention software categorizes data based on its sensitivity level and finds any breaches of policies established by the firm or in provided policy packs. DLP protects businesses by detecting and preventing data breaches. DLP employs alerts, encryption, and other security measures to prevent end-users from sending sensitive information to the wrong person or location once a security breach is discovered. We’ll go through what data loss prevention is and how it helps companies protect their customers in this blog post.
Many companies face three major problems as a result of data loss. It addresses personal information security/compliance, intellectual property (IP) protection, and data visibility concerns in an efficient manner that keeps your company compliant with all laws.
DLP systems are able to identify a wide range of sensitive data types. These can include PII, PCI DSS, PHI, and CUI – as well as many others including social security numbers, credit card information, or medical records.
When this type of content is identified in an email, for example (i.e., the recipient isn’t on the distribution list), DLP enforces remediation with alerts that stop users from sending those emails until they have been corrected. In addition to alerting users about the issue, tools like encryption allow system administrators to encrypt these messages, so their recipients will be unable to read them without a proper decryption key – which only you would know how to provide. Result: your employees stay safe.
DLP solutions offer a variety of features to protect your organization’s data. From monitoring and reporting, DLP can also help you stay compliant with regulations like HIPAA for PHI or GDPR, which require the protection of personal information from European Union residents in certain circumstances such as when it comes into contact with sensitive data (PHI).
Intellectual property protection is critical for a company’s financial health and brand reputation. You may encrypt both structured information such as intellectual property with its context-based classification system or unstructured data in order to prevent it from being accessed without authorized access from trusted sources within your organization using DLP solutions.
The cost of data loss is a major issue these days. A thorough enterprise-level DLP solution may help you monitor and track your company’s sensitive information on endpoints, networks, or even the cloud so that no one will get away with it.
Data Loss Prevention (DLP) systems provide a way to monitor and manage the data going in and out of an organization, looking for sensitive information. It differs from traditional endpoint protection tools because it can look at more than just files on your hard drive – it looks across all network connections as well as unstructured cloud-based documents that may or may not be within your company’s perimeter.
The most important aspect is that DLP protects business interests by giving organizations greater control over what they’re trying to keep hidden – whether its trade secrets or state secrets; if these shortcuts were discovered during an employee’s theft attempt then there would likely be serious consequences. For this reason, many companies need the ability to see their networks and endpoints.