Given all of the cyberattacks today, Data Loss Prevention (DLP) has become more important than ever! Yesterday, Dave Ruel of Hanzo published an article applying data loss prevention to eDiscovery and internal investigations!
Dave’s post Better Together: How Data Loss Prevention Can Shed Light on Ediscovery and Internal Investigations goes a step beyond applying data loss prevention to eDiscovery – it discusses the two disciplines along the same terms as peanut butter and jelly, burgers and fries and even Hall and Oates!
Before you say, I Can’t Go for That (No Can Do), consider this:
DLP is critical by itself for helping you protect your company against the unauthorized leakage of sensitive information. And eDiscovery techniques slice through the vast data your business generates to reveal the key facts that can determine the outcome of a litigation matter or an internal investigation.
But when you combine DLP and eDiscovery, you gain even deeper insights.
Think Dave is Out of Touch? Well, you can use rule sets to detect over 100 types of sensitive information, including bank routing numbers, credit cards, protected health information (PHI), secrets, passwords, and API keys. That has ramification across the board and is truly an example of applying data loss prevention to eDiscovery and internal investigations!
Want to understand more about applying data loss prevention to eDiscovery and internal investigations? Click here to read Dave’s article – it’s just one more click! Say it isn’t so! 😉
BTW, Hanzo and Nightfall will be conducting the webinar Drive Data Intelligence with Collaborative Data on Tuesday, May 24th at 1pm ET! For more information and to register, click here!
So, what do you think? How does your organization address data loss prevention? Please share any comments you might have or if you’d like to know more about a particular topic.
Disclosure: Hanzo is an Educational Partner and sponsor of eDiscovery Today
Disclaimer: The views represented herein are exclusively the views of the author, and do not necessarily represent the views held by my employer, my partners or my clients. eDiscovery Today is made available solely for educational purposes to provide general information about general eDiscovery principles and not to provide specific legal advice applicable to any particular circumstance. eDiscovery Today should not be used as a substitute for competent legal advice from a lawyer you have retained and who has agreed to represent you.
Reading this and the referenced article, I could not help but ask, where are the insurance companies that underwrite cyber insurance policies in data protection. Do they merely see themselves as accepting the risk, or do they have a role in helping their insureds? Consider auto insurance companies these days. Premiums are based on historical data, but many are now taking a more proactive part by offering discounts if the insured will allow a monitoring device to be installed on the insured’s vehicle. The auto insurers are playing to a topic that is on everyone’s mind: money. Do the cyber insurance writers believe they have a fiduciary interest in helping their insureds defend against data loss instead of merely covering the cost of the horses that got out of the barn that will never return? Could, or would, the cyber insurance producers offer plans, not merely policy exclusions, that could assist in data loss prevention?
Thanks, Jason. I can tell you that the cyber insurance providers, like many other insurance providers, offer strong incentives through discounts to companies that have strong cyber and risk management programs. There’s a checklist of factors they look for, so that (indirectly) helps promote data loss prevention activities and the use of technology for DLP.
Due to the huge increase in cyber incidents, cyber insurance has been rising dramatically. To the extent possible, companies can limit those cost increases by addressing those factors. Just like a home insurance provider provides a discount if you have a home security system, cyber insurance providers offer discounts for having these mechanisms in place.