Benefits of a Secure Online Data Repository

Secure Online Data Repository (SODR) is a vast database that stores, manages, and keeps data sets that can be used to analyze and report. It uses metadata as well as standard schemas and structured methods of organization to make it simple to find information. It also stores multiple sources of data in a single location to facilitate better integration.

A centralized system permits uniform management practices and compliance to regulatory requirements. For example it is able to determine how long data needs to be kept and the manner in which they should be disposed. Data repositories often have robust access control mechanisms, including the ability to restrict authorized users to specific data segments and makes it difficult for hackers to take advantage of individual data points. They may also have tools for monitoring the patterns of data access. This helps in identifying suspicious activities.

Quality of data is improved: Many repositories provide features for data cleansing and assurance of quality, which increases the reliability of business intelligence and analytics efforts. However, this method can sometimes result in redundancy which can lead to higher storage costs and can cause problems with data migration.

Security: Data repositories are attractive targets for cyber-attacks that is why the implementation of strong security measures crucial. They also keep regular backups, and strict access control.

A properly-constructed data repository can aid your company’s goals for business analysis and intelligence, while protecting sensitive data from unauthorized access, and helping you comply with the regulations like GDPR. Lepide Data Security Platform, for example, enables you to search your repositories for sensitive data and then automatically classifies it according to the type it’s found so you can easily set access control policies.

M&A dealmakers

2 julio, 2024

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