Dataguise releases new personal data discovery, protection software, offering fastest, most accurate data breach reporting on the market
New capabilities simplify and accelerate data security and privacy processes for reduced risk and cost, including unique count projections that save organisations from overestimating or underestimating the size of data breaches
Dataguise, the leader in personal data discovery and protection for the enterprise, today announced a patent-pending method of projecting unique data counts that enables organisations to report the impact of a data breach faster and more accurately than ever before. This industry-first capability comes in the latest release of the company’s personal data discovery and protection software, continuing its tradition of helping organisations manage risk and costs as they store and use personal information and other sensitive data to drive positive business outcomes.
Dataguise has helped many organisations to improve overall data governance and security posture by giving us an enterprise-wide view of sensitive data across the myriad data repositories used, both on-premises and in the cloud.
Many organisations are required by law to accurately report the impact of a high-risk data breach and notify affected individuals without undue delay. The General Data Protection Regulation (GDPR) requires reporting within 72 hours (three days) of becoming aware of a breach. Dataguise is able to extrapolate the number of unique data elements in a data set quickly, with greater than 90% accuracy, using a patent-pending approach based on neural network technologies. For example, there may be 5 000 instances of the same credit card number in a set of data. With little time or ability to assess each and every data element within the 72-hour compliance window, organisations may report that as 5 000 records breached or 5 000 different users impacted – resulting in a gross overestimation that can increase costs related to incident response, remediation and regulatory penalties. It can also create even more worried and frustrated customers.
Along with the unique count projection capability, the new Dataguise product release includes other key enhancements that streamline information security and privacy operations.
Integration with third-party authentication and access management solutions: Dataguise can now authenticate users leveraging existing investments in these systems and processes.
Support for advanced data retention workflows: Organisations can design workflows to automatically archive or delete data based on complex conditions such as corporate policies, user preferences and country-specific regulations as well as other security and usability considerations.
New risk profile reports: Organisations now have access to more visual, insight-oriented reports that improve accountability over how personal data is used and provide evidence of compliance. Reports offer insights for privacy, security, analytics and IT operations teams, and cover a range of topics, including: consent management, employee training, processing purpose validation, classification validation, record of processing activity (ROPA), user-access and third-party risk, and readiness for cloud migration, dev/test, or analytics.
“Since 2007, we’ve been driving innovation in personal data discovery, but in today’s data-driven world, our latest release has the potential to save companies millions of dollars in IT and compliance-related costs,” said Manmeet Singh, CEO at Dataguise. “Our customers can look at a large set of data and get a clearer and more realistic understanding of what personal data is there, without having to scan the entire set or include duplicate data in the count. Once again, we’ve raised a critical bar for efficiency and accuracy in personal data discovery.”