Customer Data Protection and Categorization using DLP, IAM, Data Encryption Techniques

What is Data Protection and Why it is Significant?
Protecting client data from hackers is a big challenge stood in front of the security service providers. The loss of sensitive and confidential information of an enterprise will lead to significant financial loses and also damages the brand image if the data is misused. Thus, data protection has become a hot area across all enterprises irrespective of size. Predominantly, Data Loss Prevention (DLP) techniques, Identity and Access Management (IAM) and Data Encryption Techniques are gaining popularity in the information security industry.
How can DLP Solutions Mitigate the Risk of Data Loss and Data Leak?
DLP solutions are engaged in identifying, monitoring and protecting data in use and in motion across the network. In addition, these solutions are also used to protect the data at rest in on-premises file servers or data stored in cloud applications and cloud storage. By conducting thorough data inspection and background security analysis of each and every data transaction, DLP systems play a vital role in implementing information security strategies.
DLP systems offer a centralized data management framework for detecting and preventing unauthorized data access. DLP solutions not only detects external attacks on information systems but also protects data from mismanagement by insiders.
Generally, DLP solutions are broadly segmented into two categories including Enterprise DLP solutions and Integrated DLP solutions. Enterprise DLP technologies are like agent software for desktops and servers, physical applications and virtual appliances to monitor network and email traffic. On the Integrated DLP solutions front, these are used for securing web gateways, email gateways, and content management platforms etc.
Why an Organization Has to Deploy DLP Solutions?
Sensitive information resides over diversified computing devices like physical and virtual servers, file servers, vast databases, PCs and even mobile devices and transmits through various network access points such as wireless, wired and virtual private networks. It is significant to deploy DLP technologies to prevent the risk of data loss and data leak across such wide information infrastructure.
Few of the types of DLP Solutions for Data Loss and Data Leak:
Network-based DLP Solutions: These solutions are deployed to protect data while transmission over the internet. Network-based DLP solutions continuously monitor the network traffic for identifying data leakage and data loss. These solutions are generally installed at the Perimeter of an enterprise network. Email traffic, SMS, and employee interactions over social media etc. will be frequently monitored for avoiding data leakage.
Storage-based DLP Solutions: These solutions are primarily designed to protect the data at rest across the data center infrastructure of an enterprise. The organizations must and should employ these solutions as sensitive information should not reside on insecure platforms.
Endpoint-based DLP Solutions:  These solutions highly focus on monitoring laptops, tablets etc., for avoiding the risk of data loss. These are event-driven solutions, i.e., an agent will be resident on the endpoint and continuously monitors the actions of a specific user. When the user sends emails, prints data, copies files into the system and other data transmission or storing activities will be configured. If it finds any malicious activity, end-point DLP solutions have the capability to block such activities.
Usage of these kinds of varied DLP technologies will shield your organization’s confidential information and not allows hackers to steal your sensitive data.
IAM and Data encryption techniques:
To obtain access information, several companies turn to IAM. IAM systems prevent hackers to access sensitive user information and identity. Accordingly, one of the advantages of implementing IAM is that it helps to achieve regulatory compliance standards.
Further, data encryption technologies including symmetric and Asymmetric encryption method/public-key encryption methods were also highly deploying in the recent past for protecting the sensitive information of an enterprise.