". . when data flows, only strong architecture contains it . ."
Data is often called the ‘new oil’ powering modern businesses and innovation. But unlike oil, data leaks are invisible spills that can devastate reputations overnight.
So how do we keep this precious resource secure in a world obsessed with information?
Every day, organisations generate and consume vast oceans of data. Gartner predicts that by 2027, data volumes will grow to over 180 zettabytes globally - that’s 180 trillion gigabytes. From customer details and intellectual property to operational insights and employee information, data drives decision-making, fuels AI models, and powers competitive advantage.
Yet this relentless appetite for data brings mounting risk. According to IBM’s Cost of a Data Breach Report 2024, the average cost of a breach hit a record $4.45 million globally, with compromised data at the heart of every incident.
Data’s inherent value makes it a prime target for cybercriminals, state actors, and insiders alike. But unlike physical assets, data security requires a layered, dynamic approach. Encryption, access controls, monitoring, and governance all play crucial roles.
Moreover, the rise of AI and machine learning depends on vast data sets, which raises ethical questions around privacy, consent, and bias. Data security is NOT just an IT concern . It’s a strategic imperative that touches every part of an organisation.
For CISOs and Business Leaders, the challenge is clear. "How do we unlock the power of data while keeping it safe?"