The volume and velocity of data moving through your organization is at an all-time high. While that can be an incredible advantage when it comes to making decisions and expanding your bottom line, it also creates a new landscape of risk and attack vectors.
One of the best practices to keeping your organization as risk-reduced as possible is to monitor and manage the digital information your company actually holds and processes beyond its usefulness. This is what is known as data minimization.
What is data minimization?
Data minimization is a principle that states data collected and processed should not be held or further used unless it is essential for business reasons and that you were given consent to maintain that data in advance to support data privacy.
Of course, the majority of businesses experience friction points in this area, many of which look like this:
