Over the past two decades, data protection, security, and privacy have moved front and center into mainstream awareness. This has forced organizations to make serious efforts to protect customer and employee data.
Now that California Consumer Protection Act (CCPA) is enacted, consumers can now sue businesses if their personal information is disclosed without authorization. CCPA also forces businesses to be transparent with data breaches. Additionally, countries around the world are enforcing data privacy regulations to keep people and organizations protected.
The Financial Industry Regulation Authority (FINRA), is a great example of a financial services organization leading the charge in managing data access security in the cloud at massive scale. By implementing dynamic policies that authorize data access based on roles and location, cyber risk is minimized while the value of data is maximized.