January 29, 2024 at 10:06AM
The rise of cloud migration, AI, and machine learning has accelerated data usage and storage, prompting heightened awareness of data security in 2023. Notably, the MOVEit breach affected over 62 million individuals, while the Indian Council of Medical Research and 23andMe breaches exposed significant data and heightened sensitivity. Accountability and proactive security measures will be essential in 2024.
From the meeting notes, it is evident that the migration to the cloud, coupled with the rise of artificial intelligence and machine learning, has significantly increased the use, spread, and storage of data in the cloud. The adoption of new technologies, along with the increasing number of privacy laws and regulations, has highlighted the need to prioritize data security in 2023.
The year witnessed several high-impact data breaches, with MOVEit, Indian Council of Medical Research (ICMR), and 23andMe being the top incidents categorized by the type of impact, amount of exposed data, and level of sensitivity, respectively.
Key takeaways include the need for organizations to take accountability for their sensitive data, react swiftly to reduce risks, and prioritize fine-grained visibility into security controls and access policies. Furthermore, embracing both pre-attack and post-attack responsibility, along with complete discovery of sensitive data within the organization, is critical for effective data security planning in 2024.
In summary, the focus should be on eliminating unnecessary data, implementing encryption, and managing access permissions, while having a strong emphasis on risk reduction and controlling data sprawl. Additionally, organizations should prioritize rebuilding trust with customers and be prepared to address the challenges posed by using data while keeping it secure.