Optimizing Risk Management of Data
Risk management is about identifying the unexpected risks involved with a particular project or organization and working to reduce these risks in order to avoid the troubles that follow. Preventative measures need to be taken in order to avoid and mitigate the severity of such risks.
Why Should I Consider Risk Management?
Consider a factory and the threat that a fire could potentially destroy the factory. If you don’t implement risk management procedures in the preliminary stages of factory development, then the potential risk of a fire could hold you back from ever rebuilding in the event of such an adverse situation. Instead, with risk management, it’s best to consider and implement all of the possible methods that would reduce such a risk from ever happening. You transfer, avoid, and reduce the possibility and severity of fire risk with proper risk management procedures.
In this case of a factory example, here are some ways to transfer, avoid, and reduce the risk of fire:
- Transfer the cost of the fire risk by insuring against fire damages.
- You install fire and carbon monoxide detectors and sprinklers around the factory to reduce the severity of the fire.
- Build a factory with impeccable design to avoid potential dangers that could start a fire.
- Provide workers with comprehensive education regarding factory safety to reduce risk.
Why Risk Management for Data is So Important
Although the risk of fire is very much something to protect against, Risk Management for data is perhaps equally, if not even more important. Your data, and the information of your clients, patients, business partners and students is by far one of the most important parts of your business that needs protection.
There is a considerable amount of risk involved when storing large amounts of data. It’s a risk that could potentially affect multiple departments within an organization, and lead to other consequences that may even involve legal troubles if sensitive data were to leak out.
Organizations that handle and store large amounts of sensitive data are at risk for data loss, and data theft. Within a particular organization, the various departments are all interconnected. The operations department that handles company operations requires a particular set of data to be stored. The accounting department handles financial information about the company, its clients, and its employees. And, the list goes on.
Government offices, educational institutions, medical/healthcare organizations, and businesses, both big and small, store massive amounts of data. Whether the stored data is from their employees, people related to their employees, customers, clients, or information pertaining to the organization itself, it’s valuable and it’s sensitive. In fact, data is so sensitive that it could crumble an organization if not properly protected.
For the organization that does face the risk of data breach or data theft, they must arm themselves with elite risk management solutions to prevent such risks from becoming a nightmare reality. Instances of data loss do occur frequently, and ensuring that the event doesn’t harm your organization’s operations is a huge risk to consider, as it could spell the end for your company.
Kanguru understands the potential consequences involved with data loss, which led us to develop the most advanced data security products on the market. We’ve spent years fine-tuning our products to build what we have today, which is a line of highly secure data storage devices. Our secure flash drives, hard drives, and solid state drives are built with the highest level AES 256-Bit hardware encryption to protect your information from data theft and data loss incidents.
Much like putting strong protections in place for the risk of fire, Kanguru has developed highly-certified, secure products to protect from the risk of data breach, to avoid or reduce the risks associated it. Kanguru's Defender® Collection of Hardware Encrypted Secure Drives offer powerful data protection:
1. 256-Bit Hardware Encryption (XTS Mode) that locks- in, secures and protects data
2. Highly-Certified secure USB devices that verify compliance with data security regulations
3. On-board, Real-Time Anti-Virus software that constantly checks for viruses or spyware
4. Secure Firmware that protects against third-party malware tampering
5. Remote Management that enables a Security Officer to manage the location of company USB drives anywhere in the world.
The line of encrypted USB flash drives and external hard drives Kanguru offers have been designed with strong security in mind. The Kanguru Defender 2000 and Defender 3000 secure flash drives are level 3 FIPS 140-2 Certified, which is one of the highest certifications awarded by the joint commission of NIST, the National Institute of Standards and Technology, and CSE, Communications Security Establishment. The Defender 2000 and Defender 3000 come with 256-bit AES hardware encryption, on-board anti-virus, and brute force protection, ensuring that the security measures taken are compliant with tight security regulations like HIPAA, SOX, FERPA, etc.
If you’re handling more data than can be stored on the Defender series of flash drives, then your organization may benefit from the data security provided by the Defender external hard drives. With up to 2 terabytes of data storage capacity, the Kanguru Defender HDD300™ external hard drive is level 2 FIPS 140-2 certified and comes with 256-bit AES hardware encryption, similar to the Defender flash drives.
All Kanguru Defender® USB Drives are remotely manageable, meaning that your organization can configure a fleet of Defender USB drives for Data at Rest, or Data in Use and be distributed to staff members and employees. Once configured, the drives can be managed remotely by a security officer as to where the drive can or cannot be used, password rules can be adjusted and strengthened, and drives could even be disabled or wiped entirely.
In this day and age, we are all prone to data theft or breach in some way. Cyber attacks, viruses, Trojans, identity theft as well as human error of any form can put a pause on our lives and have detrimental effects. For organizations that handle massive amounts of financial, personal, and medical data of associated individuals, the risks involved with data breach incidents can be devastating, not just for the organization, but also the individuals whose information was lost, stolen, or corrupted.
When you utilize Kanguru’s secure data storage devices for your organization’s data storage, you are taking a giant leap in the right direction with regards to risk management. The FIPS 140-2 certification reduces the risk of data theft, since all FIPS 140-2 certified data storage devices have tamper evident protections in place to prevent unauthorized access, attack, or brute force attempts to gain access.
The 256-bit AES hardware encryption reduces the risk of the hardware being compromised, which further ensures the data’s security. Altogether, these security measures implemented into each Kanguru Defender flash drive and external hard drive enables organizations to reduce and avoid the potential for data loss risk
Kanguru is a global leader in offering premier data security management solutions to banking, government, educational institutions, and consumers with the best data encryption solutions. For more information on Kanguru, please visit https://kanguru.com.