Council Post: The Foundation Of Data Governance: How DSPM Can Simplify Your Strategy (2024)

Manny Rivelo is the CEO of Forcepoint.

Data is the heartbeat of any organization. We all covet the data we have, and we know that hackers also covet the data we have. You really can't have cybersecurity without a strong posture, or readiness, for data security. However, understanding where your data resides today is more challenging than ever.

Data is everywhere—structured and unstructured, inside and outside the enterprise. The rapid movement of data, combined with an overwhelming number of tools and regulatory requirements, makes managing data security a daunting task. As your data moves through various channels—email, cloud, web, AI tools—it must be protected. Safeguarding confidential information has become an existential priority.

One company’s treasure—its sensitive data—is another’s compliance failure or a cybercriminal’s payday. This reality underscores the importance of not allowing business secrets or your customers’ personally identifiable information (PII) to leave your premises.

As I described previously, the strategic imperative of data security posture management (DSPM) is evolving as a critical strategy for organizations seeking to safeguard their information assets. Let’s explore three ways DSPM can revolutionize your approach to data security and help you build a robust data governance framework.

MORE FOR YOU

Russia Is Running Low On Tanks. So Why Are A Thousand First-Generation T-72s Still Sitting In Storage?
‘House Of The Dragon’ Season 2, Episode 4 Recap And Review: The Red Dragon And The Gold
Did Aegon Targaryen Actually Die In ‘House Of The Dragon’ Last Night?

Unveiling The Hidden Dangers: Comprehensive Risk Assessment

The first step to protecting your data is understanding where it's vulnerable. Some DSPM solutions can leverage AI, ML or regular expressions to scan massive volumes of structured and unstructured data. (Regular expressions, or Regex, are patterns used to match and manipulate specific sequences of characters in text; for example, a string of characters to search for social security numbers in a document.) These technologies together are used to rapidly identify sensitive information and classify it according to its level of risk.

However, not all solutions are equal in the fidelity of classification. Buyer beware of the differences between large language models, small language models, context-driven approaches and Regex.

The best choice is knitting together various AI small language models with context to create a unified, seamless network, or “AI mesh” for managing and protecting data across an organization's entire technological landscape. This intricate and cohesive structure interlinks different components to provide a holistic view and robust, fast protection of data assets.

Imagine being able to sift through millions of files in a single workday, automatically flagging personally identifiable information or intellectual property. DSPM based on AI-mesh technology can quickly add classification rules, locating and categorizing information that, if leaked or stolen, could be detrimental to your bottom line or reputation. This deep visibility enables you to prioritize security measures, allocate resources where they're most needed and proactively mitigate risk before it turns into a crisis.

Staying Ahead Of The Regulators: Continuous Compliance Monitoring

Staying compliant with ever-evolving data privacy regulations (like GDPR, CCPA and HIPAA) is a complex and time-consuming endeavor. In an era of escalating cyber threats and data breaches, stakeholders demand assurance that their sensitive information is safeguarded effectively.

DSPM acts as your compliance watchdog, continuously monitoring data access, usage and storage to ensure alignment with industry standards and regulatory frameworks. You can maintain detailed audit trails, demonstrate due diligence to regulators and avoid costly fines or reputational damage.

By adopting DSPM best practices and demonstrating a commitment to proactive cybersecurity, organizations can inspire trust and confidence among customers, partners and investors.

Fighting Fire With Fire: Proactive Threat Detection And Response

DSPM doesn't just assess risk; it actively combats it. Leveraging AI and ML, DSPM solutions can streamline security operations, automate routine tasks and optimize resource allocation. By continuously monitoring for anomalies, DSPM can alert security teams to potential threats before they escalate. It can detect points of vulnerability, monitor and report on issues in real time and automatically or reactively neutralize those threats.

Advanced orchestration of workflows allows teams to automate corrective actions as the discovery happens and then close that loop dynamically. Remediation steps could involve automatically moving inappropriately stored documents to more secure storage or deleting extraneous copies as they are discovered.

Administrators could also restrict unauthorized access and prevent hackers from trying to exploit improper permission settings. This proactive approach minimizes the impact of the risk of breaches, protects your business continuity and frees your security team to focus on strategic initiatives rather than firefighting.

Conclusion

In an era of escalating cyber threats, robust data security is no longer a luxury—it's a necessity. DSPM offers a comprehensive, proactive and intelligent approach to managing your data security. By adopting DSPM, you can:

• Uncover hidden risks and vulnerabilities in your data landscape.

• Ensure continuous compliance with complex regulations.

• Detect and respond to threats in real time.

• Build trust with customers, partners and stakeholders.

In my next article, I plan to discuss how DSPM can be your enterprise on-ramp for safely using AI tools like ChatGPT, Copilot and many more to gain competitive advantages.

Data is the heart of your business. Let DSPM be the guardian of its security.

Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?

Council Post: The Foundation Of Data Governance: How DSPM Can Simplify Your Strategy (2024)

FAQs

What is the purpose of a data governance strategy? ›

To improve the efficiency of critical processes that have been hindered by low-quality data. To comply with one or more regulations or adapt existing data practices to comply more efficiently and reliably. To use accurate and trusted data to inform every decision within or across business units or processes.

Why is it important to align data governance programs with a business's strategy? ›

When done right, your data strategy will rely heavily on effective data governance because, It will provide the necessary framework, processes, and guidelines for managing and ensuring the quality, integrity, confidentiality, and availability of data.

Can you explain how you would implement data governance in an organization? ›

Data governance involves multiple stakeholders, and it is important to assign roles and responsibilities to each stakeholder. This includes identifying a data steward who is responsible for the overall management of the data, and data custodians who are responsible for the technical aspects of data management.

What is data governance in simple terms? ›

Data governance means setting internal standards—data policies—that apply to how data is gathered, stored, processed, and disposed of. It governs who can access what kinds of data and what kinds of data are under governance.

What is the purpose of a data governance council? ›

The Data Governance Council manages data governance initiatives, issues, and escalations in an effort to improve and promote data quality and integrity, appropriate and ethical use of data, compliance, and data literacy and awareness.

What is the primary goal of data governance? ›

Data governance aims to ensure the accuracy, consistency, and security of data within an organization. Its primary goal is to maintain high-quality data that is secure and accessible, enabling informed decision-making and providing valuable business insights.

What are three benefits of data governance? ›

The 4 biggest benefits of data governance
  • Enables true data democratization.
  • Builds effective collaboration between teams.
  • Protects the integrity and relevance of data.
  • Helps comply with data protection laws and regulations.

Why is governance important in strategic planning? ›

Through good governance, the board delegates authority and responsibility to management and staff for day-to-day activities. Governance creates goals and ensures that the proper organizational structure of management, systems and people is in place to achieve those goals.

What is the impact of data governance and data strategy to a business? ›

Data governance acts as a safeguard, ensuring that the data utilized in strategic initiatives is handled responsibly and in line with both organizational standards and external regulations. A data strategy lacking governance may result in data inconsistencies, increased risk of breaches, and regulatory penalties.

How does data governance improve data quality? ›

Guiding Quality Improvement Initiatives: Data governance facilitates structured initiatives like data profiling and cleansing, aiding in the identification, remediation, and prevention of data quality dilemmas.

How do you ensure good data governance? ›

The top 6 data governance best practices
  1. Know your data. All your data.
  2. Organize it.
  3. Keep up with your data throughout the lifecycle.
  4. Make privacy and data security the default.
  5. Get business buy-in.
  6. Set goals and metrics.

What does data governance solve? ›

The primary benefit of data governance is providing the high-quality data necessary for data analytics and BI tools. The insights gained from these tools result in better business decisions and improved performance.

What is the main role of data governance? ›

It sets clear rules relating to the roles of individuals with access or who are responsible for data, and the rules must be agreed upon across different departments of the organization. For example, maintaining the privacy of patient information and health records is especially important in the healthcare industry.

When you build your data governance strategy, it is essential to? ›

Defining a clear vision and objectives for data governance is essential to ensure alignment with the organization's overall business strategy and goals. It provides a guiding framework for data governance initiatives and helps secure buy-in from stakeholders.

Why is it important to develop an effective data governance program? ›

Effective data governance ensures that data is consistent and trustworthy and doesn't get misused. It's increasingly critical as organizations face expanding data privacy regulations and rely more and more on data analytics to help optimize operations and drive business decision-making.

What are the 3 key roles of data governance? ›

A good data governance program typically includes the steering committee with three main groups: data owners, data stewards, and data custodians. The three positions all work together to create the policies, process, and procedures for governing data, especially the reference data and master data elements.

What is the focus of data governance? ›

Data governance helps ensure that your data is consistent, reliable, accurate and trusted to enable data-driven decision-making. Traditionally data governance has been focused on risk and compliance.

What is the purpose of strategy in good governance? ›

Strategic planning is essential to good governance. Strategy means a plan of action designed to achieve a long-term or overall aim. Good strategy sessions can identify opportunities and risks that may not have been thought of in your regular board meetings.

References

Top Articles
Windows-11-Bildschirm teilen: So nutzen Sie die Split-Screen-Funktion
'No one involved in the effort thinks he has a path': Biden insiders say the writing is on the wall
Cranes For Sale in United States| IronPlanet
Tyler Sis 360 Louisiana Mo
English Bulldog Puppies For Sale Under 1000 In Florida
I Make $36,000 a Year, How Much House Can I Afford | SoFi
The UPS Store | Ship & Print Here > 400 West Broadway
Faridpur Govt. Girls' High School, Faridpur Test Examination—2023; English : Paper II
Mrh Forum
CA Kapil 🇦🇪 Talreja Dubai on LinkedIn: #businessethics #audit #pwc #evergrande #talrejaandtalreja #businesssetup…
Legacy First National Bank
Cars For Sale Tampa Fl Craigslist
Lantana Blocc Compton Crips
Vardis Olive Garden (Georgioupolis, Kreta) ✈️ inkl. Flug buchen
Delectable Birthday Dyes
Olivia Ponton On Pride, Her Collection With AE & Accidentally Coming Out On TikTok
Inside California's brutal underground market for puppies: Neglected dogs, deceived owners, big profits
Rosemary Beach, Panama City Beach, FL Real Estate & Homes for Sale | realtor.com®
Mary Kay Lipstick Conversion Chart PDF Form - FormsPal
No Hard Feelings Showtimes Near Cinemark At Harlingen
Games Like Mythic Manor
Www Craigslist Milwaukee Wi
360 Tabc Answers
Craigslist Pet Phoenix
Wbiw Weather Watchers
What Channel Is Court Tv On Verizon Fios
Ups Drop Off Newton Ks
Slim Thug’s Wealth and Wellness: A Journey Beyond Music
Rek Funerals
Ewg Eucerin
Downloahub
Pay Stub Portal
Free Tiktok Likes Compara Smm
Ravens 24X7 Forum
Kattis-Solutions
W B Crumel Funeral Home Obituaries
John F Slater Funeral Home Brentwood
Sadie Sink Doesn't Want You to Define Her Style, Thank You Very Much
Pepsi Collaboration
Publictributes
Infinite Campus Parent Portal Hall County
Nba Props Covers
Academy Sports New Bern Nc Coupons
Acts 16 Nkjv
COVID-19/Coronavirus Assistance Programs | FindHelp.org
Craigslist/Nashville
Mybiglots Net Associates
Killer Intelligence Center Download
552 Bus Schedule To Atlantic City
Wrentham Outlets Hours Sunday
Spongebob Meme Pic
Tamilblasters.wu
Latest Posts
Article information

Author: Tuan Roob DDS

Last Updated:

Views: 5806

Rating: 4.1 / 5 (42 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Tuan Roob DDS

Birthday: 1999-11-20

Address: Suite 592 642 Pfannerstill Island, South Keila, LA 74970-3076

Phone: +9617721773649

Job: Marketing Producer

Hobby: Skydiving, Flag Football, Knitting, Running, Lego building, Hunting, Juggling

Introduction: My name is Tuan Roob DDS, I am a friendly, good, energetic, faithful, fantastic, gentle, enchanting person who loves writing and wants to share my knowledge and understanding with you.