Data Loss Prevention Prevents Sensitive Or Business-Critical Data From Leaving An Organization's Network And From Being Damaged Or Deleted

 

Data Loss Prevention

Since data breaches are almost always in the news, security experts are constantly thinking about data loss prevention (DLP). Although Data Loss Prevention software has been the standard solution for preventing data loss since the 1990s, it is no longer the best option because enterprise data is increasingly being stored on the cloud rather than on-premises. The process of identifying and stopping data exfiltration is known as Data Loss Prevention (DLP).

It also symbolises the software used by network administrators to monitor and regulate the data that users are permitted to transport. Unfortunately, DLP is beginning to fall short as a strategy since conventional software is still unable to completely prevent data loss. DLP tools from the past only function when data is stored locally, not in the cloud. DLPs were once the best option and offered a number of advantages. Traditional DLP software did a good job of mitigating data loss before cloud deployments.

Met compliance requirements: Data Loss Prevention software has tools for enforcing compliance rules throughout an organization to safeguard Personally Identifiable Information (PII) and adhere to HIPAA, PCI-DSS, GDPR, and other compliance requirements.

Intellectual property (IP) protection: Legacy DLPs assisted security teams in establishing rules to stop employees from stealing or copying IP. As traditional DLP is primarily reactive, stopping IP theft is currently the use case where it performs the least well.

Enhanced data visibility: Data Loss Prevention software mandated that security personnel catalogue and categorise both new and old data. Even though this exercise improved data visibility, it also restricted a DLP's ability to only cover behaviours that the organisation deemed to be improper.

Lower danger of financial loss: When corporate data was stored on local discs, DLPs might minimise the possibility of a data breach and financial loss.

Traditional Data Loss Prevention undoubtedly had a good impact on the cyber security sector, but as businesses continue to migrate to cloud technologies, they are unable to adequately protect sensitive data.

With 63% of departing employees confessing to taking company data, departing employees are a major source of data leaks.

Ex-employees who have access to a company's networks and data may harbour resentment and seek to reveal sensitive knowledge to rivals, which is a type of insider threat. Others might desire to use contact lists or other templates to gain an advantage at their new work. Insider threats like this are dangerous because they are challenging to identify, regardless of their motivation. Despite having a DLP, 69% of the firms surveyed in 2019 reported an insider breach.