Month: December 2019

In today’s digital-driven age, keeping business and customer data secure is more important than ever before. Not only are data breaches extremely costly, they’re also incredibly disruptive to business. Once a breach occurs, organizations have to move quickly to remedy it. Let’s hope customers won’t be too upset when they find out what’s happened.

Just how expensive are breaches? Hold your breath. A recent study revealed that the average data breach sets a company back $3.9 million. More granularly, they can expect to pay about $150 per compromised record. The price tag is even heftier in the healthcare industry, with the average breach costing upwards of $6.45 million. What’s more, U.S.-based companies feel the brunt of the pain, with the average data breaches setting them back $8.19 million.

But, when it comes to data security, financial impacts aren’t the only thing to worry about. Businesses need to be mindful of several other serious consequences, including theft of intellectual property and unhappy customers.

Continue reading “What Is Data Security? A Complete Guide”

Do believe the hype!

Many companies are migrating their data to the cloud. Cisco forecasts that by 2021, 94% of all workloads and compute instances will be processed by cloud data centers.

But Gartner’s 2018 hype cycle did have cloud migration falling into the “trough of disillusionment.” This could be because migrating data to the cloud isn’t easy. Organizations encounter numerous issues when trying to take advantage of the cloud’s benefits.

Organizations need to plan properly before undertaking such an endeavor. Let’s look at what you can do to minimize the issues that can plague a cloud data migration project.

Continue reading “What Is Cloud Data Migration? A Detailed Guide”

Most businesses nowadays use data analytics to improve the performance of their products or to study the market. Data analytics is at the heart of the fourth industrial revolution. However, making sure that the graphs and charts made are trustworthy and reliable is not as easy as producing them.

This is where today’s post comes in. I would like to talk to you about auditing data analytics and how it works. First, I’ll tell you about the different pitfalls of skipping over this step in your workflow. Then, I’ll explain the different steps to follow to audit your data analysis. I’ll also be sure to mention the different techniques you should keep in mind for your audit.

Continue reading “How to Audit Data Analytics: Everything You Need to Know”