Data loss, data leakage, and data breach are terms that you might bump into every now and then. They sound so similar that they can be confused with each other. Their definitions may overlap slightly, but these terms refer to very different events. A data breach occurs when sensitive information is accessed by an authorized party or stolen by cybercriminals.
Employees are increasingly exchanging information with each other via email, cloud-based platforms, and applications as they conduct their day-to-day activities. Data sharing has become imperative to accomplish business goals, uncover new opportunities, and gain competitive advantage. When data is shared digitally, there is a risk of information leakage.
Data loss can set back productivity, timelines, and can cause businesses to lose their customers. The inconvenience of data loss can have even bigger implications for business when a large amount of data is lost.
- 94 percent of companies that experience severe data loss do not recover
- 51 percent of these companies close within two years of the data loss
- 43 percent of these companies do not reopen again
- 70 percent of small firms go out of business within a year of a large data loss incident
Organizations are turning to cloud services to help prevent data loss
One of the most common reasons for data loss is insufficient safeguards or failure of these safeguards. When a disaster strikes and fail-over systems and backups are affected too, businesses are sometimes left with no possible way to restore data.
Businesses are embracing the flexibility, scalability and resilience of cloud services and applications to continue to adapt to the evolving business environments and to help better prevent data loss. They are leveraging cloud security solutions to better analyze security events and proactively prepare for misconfiguration challenges.
Oracle Cloud Infrastructure (OCI) provides mechanisms such as cross region replication and object storage policies that can prevent deletion and tampering of files while enforcing retention. These simple mechanisms require very little effort but can help save data and ultimately save a business. In addition, Object Storage retention rules provide immutable object storage options for data written to OCI storage to help businesses address their data governance, regulatory compliance, and legal requirements. Retention rules can also help protect your data from accidental or malicious update, overwrite or deletion.
Automation helps lessen the risk of data loss and keeps data secure
At the same time, cloud solutions that self-update, self-secure, and streamline configuration efforts can help alleviate the challenges posed by the shortage of skilled cybersecurity professionals and help address the ongoing concerns of possible data loss.
Oracle is setting a new bar for security by focusing on automation that’s always-on and architected-in, helping to reduce the risk of human error and unexpected downtime and accelerating the pace of innovation while using a fewer resource.
At Oracle, we offer a comprehensive set of services that help customers lessen the risk of data loss, data breaches and:
- Help reduce complexity and human error with automated patching of Oracle Cloud Infrastructure through Autonomous Linux and Oracle Autonomous Database. Oracle Autonomous Database can tune itself using Machine Learning algorithms to provision, secure, monitor, backup, recover, troubleshoot, and tune databases. Every system running Autonomous Linux is patched automatically to help keep systems secure and compliant, helping eliminate the risk of unpatched systems.
- Prevent data theft with always-on encryption of data at rest and in transit can help simplify compliance with data privacy regulations (like the EU GDPR) and can prevent OS users from abusing their privileges to access sensitive data. Gain visibility and audibility into who is accessing and managing encryption keys with OCI Vault. This service enables customers to create their own vaults, generate their own keys, and bring their own keys, which they can then assign to any OCI service that integrates with Vault.
- Easily detect and help address security misconfigurations and vulnerabilities with Oracle Cloud Guard, Oracle Security Zones, and OCI Vulnerability Scanning Services, once the services are set up by the customer. These services add security automation and embedded expertise to Oracle Cloud, making the services easier for any cloud administrator to operate securely. Without any additional investment, additional users can gain a unified view of cloud security posture.
- Manage day-to-day security and compliance requirements with Oracle Data Safe. Oracle Data Safe helps apply security to data where it resides: in the database. Leveraging intelligence available from the metadata associated with a database and its configuration, Oracle Data Safe can assess security risks, discover, and mask sensitive data, monitor database activity for anomalies, and audit database activity for compliance.
Read the cloud security trends ebook to learn more how the Oracle Cloud Infrastructure can help prevent data loss and address other security concerns.
Get started with OCI Cloud Security.