{"id":6627,"date":"2020-10-06T09:08:16","date_gmt":"2020-10-06T12:08:16","guid":{"rendered":"http:\/\/ec2-54-232-63-254.sa-east-1.compute.amazonaws.com\/?p=6627"},"modified":"2021-08-03T20:10:58","modified_gmt":"2021-08-03T23:10:58","slug":"how-much-does-it-cost-to-lose-data","status":"publish","type":"post","link":"https:\/\/www.neomind.com.br\/en\/blog\/how-much-does-it-cost-to-lose-data\/","title":{"rendered":"How much does it cost to lose data?"},"content":{"rendered":"\n

What\u2019s the risk involved by having a confidential information in wrong hands? The answer of this questions you already know, just imagine your competitor knowing in advance about your new product, per example. <\/span><\/p>\n\n\n\n

When we talk about information management, we need to know how important is to a company optimize and automize document management with an ECM software. <\/span><\/p>\n\n\n\n

According to <\/span>PwC<\/span><\/a>, <\/span>control and security are more important to companies (91%), than efficiency (77%)<\/span><\/p>\n\n\n\n

Not only being <\/span>GDPR<\/span><\/a> complied, but also data is the most value active of any company, data and documents should be well manage. <\/span><\/p>\n\n\n\n

The importance of BPM in GDPR Compliance <\/b><\/h2>\n\n\n\n

Almost every company have a side data management, it can also be out of the EU, but by the Right to be forgotten GDPR \u2013 erasing information from the data – anyone can ask to remove their personal information from any database. The company needs to respond within a month, otherwise it can be sued. It means the company needs to delete paper archive, the IT system and side data.<\/span><\/p>\n\n\n\n

Since GDPR is a process, using the BPM is the same logic.<\/span><\/p>\n\n\n\n

But why is it so important? <\/b><\/h2>\n\n\n\n

Any company should be concern with data security and data safety, but what is the difference between both? <\/span>Data security<\/b> is concerned with protecting your data against unauthorized use and <\/span>Data safety<\/b> concerns protecting data against loss by ensuring safe storage.<\/span><\/p>\n\n\n\n

We know for sure that no company wants to live the chaos of having their confidential information exposed, right?<\/span><\/p>\n\n\n\n

The ECM by Fusion Platform has a specific process, already available, focused on Risk Management and Data security. It\u2019s possible to monitor and registry any risk situation to the data, such as define actions, probabilities and impacts. It allows a monitory frequency to risks, actions and results. <\/span><\/p>\n\n\n\n

How can ECM contribute to data safety?<\/b><\/h2>\n\n\n\n

As we saw above, data is vital, and big companies already suffered with breach and leakage data, like <\/span>F<\/span>acebook<\/span><\/a> had in the past.<\/span><\/p>\n\n\n\n

When investing on an ECM solution, your company knows for sure: <\/span><\/p>\n\n\n\n