Addressing the Security Aspect of Business Intelligence

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Curated from techinamerica.com →

Business intelligence, also referred to as BI, is an umbrella term for application, infrastructure, and tools used in the business world to optimize the performance and decision-making. It helps business owners make sure their company’s moving in the right direction while it allows marketers to keep up the pace with the recent trends and products currently available on the market. Still, the omnipresent BI also leads to bigger security risks. This means that it can be viewed as a double-edged sword that can do you more harm than good if you use it recklessly.

The bigger the business, the more data there is to be stored. And today, most of the large companies choose to have all of their data stored in one place. The goal is to have all the data available in one place in order to be able to use it when making big business decisions, such as launching new products or starting a marketing campaign. While this may be the most effective way to store and use data, it also opens the door to cyber thieves and hackers. If such valuable information is stolen, not only does a company end up without their valuable information, but the wrongdoers can use it as they see fit. It’s also important to mention that most ofsecurity threats come from the inside of a company.

There’s no need to say that mobile devices have seen quite a rise in popularity during the last couple of years. This means that employees todaybring their own mobile devices to workwhile still using PCs and other devices while at the office. Such a combination poses a threat to the safety of the entire company. With this being said, there’s only one option available to business owners – developing comprehensive BI policy. A policy like this is supposed to encompass data storage, user classification, data transmission, and data classification.

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Yves Mulkers

Yves Mulkers is the founder of 7wData and a widely followed voice in the data and AI community. He curates the 7wData and AI Beat newsletters, reaching hundreds of thousands of data and AI professionals, and writes on data strategy, analytics, AI, and the evolving data ecosystem.