In CIO’s 2024 Security Priorities study, 40% of tech leaders said one of their key priorities is strengthening the protection of confidential data. Cohesive, structured data is the fodder for sophisticated mathematical models that generates insights and recommendations for organizations to take decisions across the board, from operations to market trends. But with big data comes big responsibility, and in a digital-centric world, data is coveted by many players.
Protecting data from bad actors
In an era where cyber threats are increasingly sophisticated, organizations must adopt a proactive security strategy to safeguard sensitive data. Kapil Madaan, CISO and DPO, Max Healthcare says, “A comprehensive Data Protection Framework ensures resilience against breaches by integrating encryption, strict access controls, and advanced threat detection technologies. A Multi-Layered Security Strategy and ML algorithms enhance protection by utilizing AI-driven threat detection to monitor network anomalies and identify potential risks in real time.”
Kiran Belsekar, Executive VP – CISO and IT Governance, Bandhan Life reveals that ensuring protection and encryption of user data involves defence in depth with multiple layers of security. “Using Zero Trust Architecture (ZTA), we rely on continuous authentication, least privilege access, and micro-segmentation to limit data exposure.” He also stands by DLP protocol, which monitors and restricts unauthorized data transfers, and prevents accidental exposure via email, cloud storage, or USB devices.