During the past year or so, I had worked at Abrevity on developing Information Management solutions. Among other things, our products enabled companies to better manage information containing sensitive data (be it credit card numbers, social security numbers, names, addresses, etc.). This has become even more critical due to the explosive growth of unstructured data.
Eric Osterhold authored a Blog Post entitled "Establishing classification types without going overboard". Eric states: "I’ve found that creating too many levels for classifying data defeats the process - users will not use a system with 6 or even 5 different classification levels. I often propose establishing 3 levels". He goes on to name "Restricted", "Sensitive" and "Public". Is this really enough?
Last weekend, I began doing my year-end housekeeping ritual. Organizing my file cabinets. Like many living in the hyper-expensive Bay Area, we have limited space. This means that all of my family’s records – taxes, investments, insurance (auto/home/life), automobile, house, credit card bills, utility bills, medical, school, warranty information, etc. – must fit in the three-drawer filing cabinet located in the closet of one of our bedrooms.
Today, I conducted a webinar entitled: "Using Classification to Achieve Enterprise Data Privacy".
I was recently reading IDC’s latest update to its groundbreaking research which measures the amount of digital information created and replicated (see: "The Diverse and Exploding Digital Universe, An Updated Forecast of Worldwide Information Growth Through 2011").
The updated study reports that – from 2007 through 2011 – a larger percentage of corporate information will “be subject to significant requirements” for information protection (growing from approximately 30% in 2007 to over 40% in 2011).