With ever-evolving data protection laws, insurance providers are becoming more reliant on technology to meet data protection regulations and reduce risk within organisations.
For insurance companies, who are responsible for holding vast amounts of personal and financial data on their customers, a data breach can cause irreparable damage, decrease company value and even impact the wider economy. This is to say nothing of the severe financial penalties that can be imposed by regulators for failure to comply with data protection legislation.
Industry-leading data classification tools such as Boldon James Classifier are already helping insurance companies to deliver tangible benefits such as increasing security awareness and culture, reducing risk, improving data governance and protecting intellectual property and client data, whilst ensuring compliance with key industry regulations.
Using Classifier helps Insurance firms enforce corporate policy on the handling and distribution of sensitive customer and business information. It also empowers users to take ownership of the data that they use on a daily basis, improving the quality of the data at the same time and improving security culture.
Classifier provides both visual labelling to enhance user-awareness and vital metadata, which can be used to trigger other technologies and processes such as Data Loss Prevention, Data Retention and Encryption solutions.
Protecting Data Throughout its Lifecycle
Our best-of-breed Data Classification solutions enable organisations to effectively manage data, streamline operations and proactively respond to regulatory change.
MANAGEMENT & MONITORING
With unrivalled customer service and best-of-breed data protection and governance solutions,
we are helping many of the world’s most successful organisations take control of their business data.
Everyday, our customers enjoy more effective, secure and streamlined operations -
protecting their business critical information and reducing risk.
We integrate with powerful data security and governance ecosystems.
We protect business critical data, improve data control and reduce risk.
We deliver improved and streamlined business performance.
We are a “safe pair of hands” that constantly deliver success.