K
Kathleen Martin
Guest
Small businesses should have thorough, regular—and secure—processes for gathering, storing and interpreting data, which in the “Information Age” has become critical to staying a step ahead of competitors and the marketplace as a whole.
Without deliberately planning and engineering the most effective ways to integrate various types of data flows in every part of your business operations, you can’t fully understand how data can help you make key decisions and otherwise leverage its benefits for key purposes.
Mapping your data—classifying it based on where it’s housed, how it moves, and how it will be used, likely with help from artificial intelligence (AI)—is key to providing this kind of visibility and seamlessness needed to make the most effective and efficient use of it.
Your business data also should be classified by sensitivity level, with appropriate safeguards to ensure that it’s being used in a way that maintains any regulatory compliance and is protected from those who seek to breach your cybersecurity assets.
Shielding such sensitive customer, supplier and financial data is critically important to your enterprise, both to keep current with ever-tighter privacy regulations put in place as cyber threats grow, but also simultaneously to safeguard that data for the business’ own benefit.
Continue reading: https://www.businessattorneychicago.com/data-management-key-to-business-success/
Without deliberately planning and engineering the most effective ways to integrate various types of data flows in every part of your business operations, you can’t fully understand how data can help you make key decisions and otherwise leverage its benefits for key purposes.
Mapping your data—classifying it based on where it’s housed, how it moves, and how it will be used, likely with help from artificial intelligence (AI)—is key to providing this kind of visibility and seamlessness needed to make the most effective and efficient use of it.
Your business data also should be classified by sensitivity level, with appropriate safeguards to ensure that it’s being used in a way that maintains any regulatory compliance and is protected from those who seek to breach your cybersecurity assets.
Shielding such sensitive customer, supplier and financial data is critically important to your enterprise, both to keep current with ever-tighter privacy regulations put in place as cyber threats grow, but also simultaneously to safeguard that data for the business’ own benefit.
Continue reading: https://www.businessattorneychicago.com/data-management-key-to-business-success/
