Compliance & the rising opportunity of the data economy
By: Chris Pickett, Security Lead, Oracle APAC
Data is the “new raw material of the 21st century,” said Tim Berners-Lee back in 2011. Today, his words ring truer than ever. The economics of industry have given way to those of insight and intelligence.
Businesses recognise the value of data as real and justified. Data-rich companies are being bought, not for what they do but for what they know. As a precious commodity, data has a high tradable value – and it needs to be adequately protected.
Regulations on the rise
This is a standard approach for traditional business assets, which are carefully audited, recorded and regulated. Increasingly, a similar recognition of data is taking place. As its use continues to rise, it is becoming subject to more stringent standards and controls.
...