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Tag: Gartner Security and Risk Management Summit

GartnerI have to say, being on the other side of the Gartner Security and Risk Management Summit was a combination of exciting, fun, and educational. The cool thing is that I still got to get up on stage and the bonus was to see all the hard work that goes into exhibiting. I think the Fasoo team did a fantastic job setting up and manning the booth.

At our booth at the Summit, we highlighted new features of our Data Radar and Wrapsody eCo products that deliver a unique life-cycle approach to enterprise content challenges plaguing organizations globally.

Overall our booth attracted hundreds of visitors seeking products that can help them regain control over their unstructured data with particular interests in discovery, encryption and access control.

Privacy regulations such as GDPR and CCPA is the driving factor as visitors clearly indicated the need to adapt quickly to the changing environments. Also, new data security related projects have been planned or launched based on recognizing the impact from IT changes within the organization including the adoption of cloud infrastructure and applications.

Our visitors at the Gartner Security and Risk Management Summit ranged from CISOs, business unit owners, and cyber security professionals to Chief Data Officers and Chief Privacy Officers across multiple verticals. I hope I got a chance to meet you!

I was super excited to moderate our solution provider session at the Summit featuring 3 of our customers which included the regional CISO from a global financial institution, a business unit leader in the automotive industry and a consultant who is leading global digital transformation projects in the public sector globally. Each have projects that involve the challenges of unstructured data security and privacy with distinct use cases. They shared with the audience how they successfully “fast tracked” their way through the challenges often associated with these projects and accelerated their organizations’ paths to data centric security and privacy.

They shared how Fasoo helped them in their plight to gain control of and secure their unstructured data, their intellectual property and meet privacy regulations.

Deborah’s Final Thought:
As trends toward cloud and content collaboration continue – as growth in unstructured data increases and the perimeter fades, it is clear now, more than ever, that the market must adopt a file-centric approach to data security. I believe that this approach will minimize the risks associated with sensitive data exposure and help meet regulatory requirements.

By Deborah Kish – EVP Research & Marketing

FDIC adding DRM to it information securityOn Thursday May 12, 2016, the Congressional Subcommittee on Science, Space and Technology held a special hearing in Room 2318 of the Rayburn House Office Building.  The hearing addressed if Americans can trust their private banking information is secure by relying on the Federal Deposit Insurance Corporation (FDIC).

During the session, lawmakers stated that the FDIC has a long history of cyber-security incidents and that it is failing to safeguard private banking information of millions of Americans who rely on the FDIC.

In the last seven months alone, seven departing employees at the FDIC have left with personal banking information on thumb drives and other removable media.

While Lawrence Gross Jr., the FDIC’s CIO told lawmakers that the FDIC considered the data breaches as “inadvertent” copying of personal banking information that happened when departing employees were copying personal information to removable media, some of lawmakers called taking something that does not belong to employees as “theft”.

One of the sticking points during the hearing was that the FDIC didn’t immediately report the incidents as major breaches to Congress until prompted by its Inspector General’s Office. Gross stated that he didn’t originally classify the incidents as major breaches because they seemed to be accidental copying of files during “non-adversarial” departures of employees. Furthermore, Gross pointed out that employees involved had signed affidavits saying they didn’t share the data with others.

Are the American people buying this explanation? Since when has it been acceptable to have people accidentally or knowingly copying information that does not belong to them to removable devices?

The FDIC now commented about having controls around usage of information so sensitive data cannot be copied onto removable devices. Gross went further by stating the Agency is adding digital rights management software to their environment. This is a significant comment by the head of a significant Agency. The FDIC is now going about adding DRM on top of traditional perimeter solutions to control sensitive information while it is in use.

It is of utmost importance that organizations adopt technologies like Digital Rights Management as part of a data-centric security approach to protect sensitive information to maintain stability and public confidence. Fasoo provides a Data Security Framework to public and private entities alike to enhance their information security program to keep up with the threat gaps. Please contact us or visit us during the Gartner Security and Risk Management Summit in National Harbor, Maryland between June 13-16 at Booth #200 .

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