Businesses today deal with large amounts of sensitive data, including financial records, customer data and intellectual property. It is crucial to secure this information from access by unauthorized persons to ensure that customers continue to trust companies with their data and that it can be legally accessible in case of any dispute or regulatory action.
Unauthorized access to sensitive information could result in serious consequences for a business that could result in the loss of sales, reputational damage and legal costs. Adopting a security policy which outlines the steps to safeguard sensitive information can help businesses minimize the chance of cyber-attacks and protect itself from legal risk.
Information protection is a broad set of processes and software that aid businesses in keeping their sensitive data secure, whether in the cloud or on a device such as laptops. Information protection includes everything from policies that define what information is deemed sensitive and the way it’s used to access it, to physical controls, such as password protection or encryption as well as processes that monitor access, identify threats, and respond to the threat.
The Microsoft Information Protection (MIP) suite of services, also known as Azure Information Protection or Purview, enables the discovery and classification of sensitive information according to its sensitivity level using labeling. This allows you to safeguard the information wherever it is or travels, to keep track of who has accessed it, and to remove access when necessary. MIP is able to be integrated into other applications and systems via the SDK. For example Line-of-business applications could apply a sensitivity tag to documents when exporting them, or CAD/CAM tools can use MIP automatically encrypt documents prior to saving them to the folder.
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