Feb 08, 2018
Is your company collecting and using Big Data for commercial opportunities? What happens when there is a data breach? Is your company ready to actively protect whilst being able to easily access the data in order to be compliant with the requirements of the legislation? This is one of the top 10 big issues facing business leaders in 2018, according to the report of KPMG.
Big Data enables companies to seize new business opportunities and to enhance commercial offerings, driven by new insights. It is also an ongoing topic for discussion, especially as the impending Amendment (Notifiable Data Breaches) Act 2016 will be in effect on February 22, 2018. Many organisations will find themselves falling short of an ability to comply in instances where a data breach occurs, and all the data they have collected is out in the open.
Prepare for change
In the report KPMG states that successful preparation for these changes is about far more than just regulatory compliance. It is a complex equation which mandates that organisations have a deeper understanding about the nature of the volumes of data they collect, store, and process. These considerations can be further complicated when IT, security, and data governance are not a core focus of the organisation.
In order to enhance your focus on IT and prepare your people for change we recommend keeping the learning curve going up
Learn more about Managing and handling data with SQL Server.
Learn about Planning and delivery of robust IT services with ITIL®
Extend your knowledge about Cyber Resilience and Security Planning
Protect your reputation
Another prominent issue is how to protect the reputation of your business and the trust of your customers following an incident like a data breach. Setting up your organisation to proactively deal with these incidents is equally important to being compliant to legislation.
Read more about enhancing your management and leadership skills
Download a copy of the Report from KPMG
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