One of the essential assets of a company in the contemporary business environment is data. Storing, managing, and protecting such data are some of the hallmark activities of successful companies in the modern economy. Data collected and stored by the organization may include credit card records, personal information, customer preferences, and records of user activity. Such data is highly confidential, and it is imperative that organizations prevent it from falling into the wrong hands. Innumerable organizations report data breaches, in spite of the importance of data. The large and damaging data breaches demonstrate the scale of the challenge involved in data management from Equifax, the credit bureau, to the Office of Personnel Management.
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