Digitization has been a major subject for businesses of all sizes for years. Gone are the days of paper files and long searches through mountains of documents. Instead, important data is stored digitally. But how can this data be adequately protected from theft, and how can Microsoft Information Protection (MIP) help?
The number of cyber-attacks is increasing. More and more, cybercriminals target mid-sized and small businesses. All over the world businesses must deal with considerable financial damage due to cyberattacks.
Businesses of all sizes need amplified data security measures, especially in the home office. But their data is not always safe, even if it is stored on internal company servers. Both in the cloud and on-premise, the risk of data theft often cannot be completely eliminated.
Securing data is a challenge many companies face, especially when collecting personal data from customers and not wanting to lose their trust because of data breaches. Here are some ways to keep your Digital Workplace secure:
In a survey by Statista, only 45% of the companies surveyed stated that they implement the GDPR to the greatest extent possible. Despite this, people’s confidence in digital data processing is on the rise, although a large proportion remain skeptical about digital data processing. Tools such as Microsoft Information Protection can contribute toward a reputation for security, if customers are familiarized with them.
Microsoft Information Protection is a portfolio of different features. It is available within the Compliance Tool for Azure, Dynamics 365, and Microsoft 365. MIP provides data with an extra layer of security and ensures it complies with required data collection regulations. However, it does not protect against active and often fatal cyberattacks such as phishing or malware. For our tips on detecting and dealing with such cybercriminal methods, see our article on cybersecurity.
The goal of MIP is to help you protect your data and prevent data loss.
The licenses required to use Microsoft Information Protection depend on the scenarios and features used, as well as compliance requirements - national, regional, and industry-specific.
Dark data refers to unstructured data that is 'left behind' - no longer needed for whatever reason. According to IBM, at least 80% of a company's data is dark data, and the trend is rising. An example: as soon as a project is over, all Excel spreadsheets for project tracking, documents with notes, as well as project-related e-mails are filed away and no further attention is paid to them. They remain forgotten in a back corner of the server.
The reasons for dark data are varied. Most companies simply lack the tools and resources to keep track of it. Legal reasons also play their part, as legal compliance may require retention for several years.
Even if this data is not needed in everyday work, in the event of a cyberattack it reveals a lot about the company, its employees and customers.
Microsoft Information Protection provides tools to identify, classify, and protect data. The following MIP features cover the data landscape:
Check out our Microsoft 365 guide for more tips and tricks for your work with Microsoft.