The digital age presents many businesses with a whole range of opportunities to streamline processes, reach broader markets, and save money.
However, it has also brought in new threats, particularly in terms of corporate espionage and other forms of illegal data leaks.
Protecting proprietary data and the data entrusted by customers to the company requires great effort, which in itself can be a hindrance when collaborating or merging with another company.
There are many reasons for protecting corporate data.
Proprietary data, which include documents on the company and details of operations, is vital in maintaining competitive edge over other companies.
For companies with large amounts of data from customers in storage, they are held responsible for the management of that data and its protection from unscrupulous individuals who wish to use it for illegal purposes.
Unexpected malicious breaches aside, one of the many sources of potential data leakage is the process of mergers and acquisitions, where two companies begin exchanging vital data to break ground for their collaborative endeavors.
Leaks in this process could come about from giving information by accident to people and parties other than the intended recipients.
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