Within the past five years, cases of identify theft have risen steadily. According to a Gartner Group study, more than three percent of U.S. consumers were victims of identity theft during the 12 months ending June 2003. Information is now used as a currency for committing crimes.
Beyond impacting consumers, the crime also affects businesses in a big way. In addition to the direct loses as a result of fraudulent charges, firms lose stock value, brand equity and above all lose of customer trust. They could also be the target of class action law suit if data stolen from the firms leads to cases of identity theft. Compromised firms have historically lost an average of two percent of their market value within two days of a data security breach.
How can companies protect and secure sensitive data? This presentation will cover an overall approach to:
- Inventory and categorize sensitive data
- Identify all the touch points
- Define vulnerabilities and risks
- Describe various options to mitigate the security risks
The attendees will learn a methodology and framework to tackle this complex problem. They will also learn the best practices and options around data encryptions and anonymization.
Who should attend?- Data Management professionals
- Data warehouse Managers
- Information Security Professionals