Data discovery and classification are the first steps to securing all the sensitive data stored on endpoints and repositories. Once identified, the firm wants to encrypt and trace all sensitive files. This allows them to meet regulatory requirements and ensure only authorized users can access sensitive data.

Fasoo can define sensitivity level by matching patterns, dictionary terms, regular expressions, and context to identify the files with PII in real-time. It can also detect obsolete and redundant files to reduce unneeded data inventory. Risk and security personnel can view detected files in a centralized console to understand the risk and determine file disposition. Once identified, the firm can choose to automatically classify files that have sensitive information by adding metadata and encrypting them based on their level of sensitivity and classification. Dynamic security policies on the encrypted files govern who can access the files and if the user can view, edit, print, share or copy data from the file. Risk and security personnel can audit file access to demonstrate compliance with internal policies, customer requirements and government mandates.