So much is written on cybersecurity every day, and most articles relate to where and how cyberattacks get into a network and how they may be detected. But how often do you read about the data that is compromised by some malware or ransomware. Who goes into detail about what is inside the data? Can customers who are notified that their accounts were hacked, truly know what personal information of theirs was exposed? Can they know quickly? or by the time they are notified, are their accounts available on the Dark Web?
What you might not find in an article relating strictly to what is considered ‘cyber’ is the question of how healthy data management, particularly in unstructured data, can mitigate ransomware. What I mean is that if organizations can continually monitor and scan its unstructured data, all those attached word, PDF, powerpoint etc. files. Upon scanning, if organizations can know which files to retain, which contain valuable data, and conduct regular backup of that data. So even if there is a ransomware attack, there wouldn’t be a need to pay. If organizations knew what was sensitive data was contained in all its unstructured data, what is encrypted and who has access, then the ‘game’ of hacking and ransomware would certainly have a different set of rules.
As a result of emerging and current privacy regulations, the need for better data management, including unstructured data, has become an urgent need. Although this need could be perceived by businesses to be a major hassle, if done correctly, will result in a healthier cyber posture, more secure file sharing and collaboration, and a more efficient use of resources including cloud optimization.
Recently, MinerEye’s Advisory Board Member, Joel Molinoff, took some time out of his busy schedule to impart his knowledge about the cyber sector and explain why the area of unstructured data is becoming more critical. Joel has been in the top echelons of the public and private sector leadership roles at Fortune 500 companies, as well as the National Security Agency (NSA) and the White House. Most recently, he served as Executive Vice President, Chief Information Risk Officer for CBS Corporation. In his eight years at CBS, he grew the program to encompass management of information security, data privacy and content protection for CBS’ diverse portfolio of global media and entertainment businesses.
Here you can read Joel’s insights into unstructured data, precision location risk analysis, and privacy data management as critical aspects requiring attention in today’s cyber ecosystem. We at MinerEye would love to hear your feedback.