Data is the lifeblood of any organization. Whether you’re a Chief Information Security Officer (CISO) or aspiring to become one, protecting sensitive business data will be your main priority. But the job isn’t getting any easier. In 2021, the number of data breaches climbed 68 percent to 1,862, costing an average of USD4.24 million each.1The damage from a breach touches everyone, causing diminished brand equity and consumer trust, decreased shareholder confidence, failed audits, and increased scrutiny from regulatory agencies.
It’s easy to become so preoccupied with protecting against the next ransomware attack that you overlook risks within your own organization. Insider leaks of sensitive data, intellectual property (IP) theft, fraud, regulatory violations—any of these can crash a company (and your career) as quickly as a headline-grabbing breach. Given the breadth of today’s digital estate—on-premises, in the cloud, and at the edge—Microsoft Purviewprovides the inside-out, integrated approach that an effective CISO needs to reduce the risk of internal and external data breaches before they occur. Here are some things to consider, both when prioritizing for yourself and talking to your board of directors.