Gimmal Blog

Read the latest thought leadership and industry news from the experts at Gimmal!

All Posts

No Surprise, Data Breaches Continue to Rise

There were 1,792 data breaches in 2016, which led to almost 1.4 billion data records being exposed worldwide, according to the Breach Level Index (BLI) report from Gemalto. This is up nearly 300% from 2015.

Unsurprisingly, identity theft was the leading type of data breach, accounting for 59 percent of all data breaches. The BLI is a global database that tracks data breaches and measures their severity based on multiple factors including the number of records compromised, type of data, source of the breach and how the data was used.

According to the BLI, more than 7 billion data records have been exposed since 2013, when the index began benchmarking publicly disclosed data breaches. That amounts to more than 3 million records compromised every day, or about 44 records every second.

The report also highlighted the cybercriminal trend from financial information attacks to bigger databases with large volumes of personally identifiable information.

Information Governance Can Help

These data breaches can have enormous legal, financial and reputational consequences and a proactive governance plan can help to limit compliance risk. Below is an excerpt from one of our recent blog posts that lays out some of these strategies:

1. Clearly establish ownership of compliance and data privacy

 

2. Assess the process for any information shared outside the organization

 

3. Identify any Personally Identifiable Information (PII) and create appropriate business processes that include IT, legal and the records management team

 

4. Ensure policies are in place to meet federal, state, local and industry regulations

 

5. PII must be limited not only by user but by location

 

6. Clean up ROT data based on an approved retention schedule

 

7. Use encryption techniques whenever possible

 

8. The ability to have audit trails, logging and monitoring is essential to defensible disposition

 

Posted by Brett Grego

Related Posts

Why Should Records Management be Important to You

Why should an organization care about records management? When users throughout all departments are creating new records without a thought to how they are cataloged or tagged, the sprawl of records can become a real threat. Unstructured data can lead to compliance issues for highly regulated industries. When proper records management isn’t a top priority, content that should have been disposed of for security purposes is left vulnerable for anyone to find and distribute.  

Creating Compliance in Chaos: A Consultant's Story

Records and Information Management (RIM) is constantly changing and evolving as record managers begin to realize the benefits of automation in their daily operations. In my 6 years of consulting, I have seen everything from heavily manual business processes to automated document management solutions.  Even as time goes by, information professionals continue to face the long-standing hardship of trying to get end users to comply with either internal or external regulations when it comes to records management.  Lately, there has been an apparent shift from ridged business centric solutions to end user centric solutions. 

Gimmal at ARMA International InfoCon 2019

Once a year, members in the records management community come together for ARMA’s annual conference to discuss the latest advancements and best practices for modern information managers.  ARMA, the global authority of information management and governance, hosted this year’s conference, ARMA InfoCon, in Nashville, TN. While attendees were not in the typical “record” industry that Nashville is known for, the location called for a great mix of music and information management knowledge.