Data is the most valuable asset for any business. No matter what industry you are in, it’s critical to take care of your data. Despite increased data protection regulation, data breach risks are growing. This interesting information came to us from datanami in their article, “Big Data Analytics: Top Three Data Security Mistakes.”

According to research studies, 80% of data breaches involve personally identifiable information at a cost of $150 per record. Properly securing data lakes and complying with privacy regulations are common Fortune 500 board-level concerns and for good reason.

Enterprises are embracing big data like never before, using powerful analytics to drive decision-making, identify opportunities and boost performance. But with the massive increase in data usage and consumption comes a whole set of big data security concerns.

Businesses run on data and yet most organizations are still struggling to use data responsibly at the scale and velocity required to innovate today.

Keeping data safe is important. So is making data accessible. Whatever you are searching for, it is important to have a comprehensive search feature and quality indexing against a standards-based taxonomy.

Melody K. Smith

Sponsored by Data Harmony, harmonizing knowledge for a better search experience.