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company’s reputation, your company’s
intellectual property leaking into the public
domain, as well as demonstrating sub-
standard data protection practices that can
run afoul of GDPR. A broader view of data risks
Evaluating 12 vendors across competitive
buying criteria, Gartner named Symantec as
a Leader in the Magic Quadrant for Data Loss
Prevention for the 10th year in 2017. Some of
the world’s largest brands entrust Symantec
with protecting their invaluable data. “
One of the many reasons why is that
we provide the broadest coverage of
data loss channels: cloud and web apps,
endpoints, data repositories, and network
communications including encrypted SSL.
Furthermore, we make it easy to manage
and deploy Data Loss Prevention with a
powerful management console and flexible
deployment options ranging from on-
premises and private clouds to hybrid and
public clouds.
www.intelligentcio.com
The coming into force of the GDPR is
imminent. Organisations in the Middle East
need to start preparing for it now and adopt
the necessary information management
solutions for compliance. The consequences
of not doing so could be immense. A recent
SYMANTEC
FOUND ONE IN 136
EMAILS IN THE
UAE CONTAINED A
MALICIOUS LINK
OR ATTACHMENT.
study found that, in the UK, the companies
fined in 2015 would have cost 79 times
more under the GDPR. In one instance, a
fine would have risen from £400,000 to £59
million. Data protection authorities could
also force organisations to stop collecting
or processing data, which could prove
even worse than any fine for data-driven
companies like online retailers.
But our understanding of the risks posed
by data loss should not stop at the legal
consequences. A 2017 study found that
stock prices fall by an average of 5% in the
wake of a major data breach and customer
churn increases by as much as 7%.
Only by applying security that can
intelligently identify sensitive data across
your extended organisation and following it
in unmanaged and managed environments
on the corporate network or in the cloud, can
businesses adequately protect themselves
against these risks. n
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