Webinar Recap: Reputation Under Review

What is Reputation Management?

Reputation management refers to the practice of influencing or controlling the reputation of an individual or organization. Previously the job for a public relations agency, reputation management has become an increasingly important part of the job for IT workers. In an age where cyber security threats and data breaches are a daily occurrence, organizations are at a greater risk of having their data exposed and ultimately losing customer trust. Not only that, but IT teams are also being tasked with staying informed about relevant data regulations and compliance requirements that are inconsistent and constantly evolving.

The pandemic effect

The COVID-19 pandemic had a significant impact on data management and governance. As many organizations shifted to a remote work environment, collaboration tools such as Microsoft Teams, Slack and Zoom became increasingly relied upon in order to stay connected. This led to a surge in the use of file-sharing platforms like Google Drive, Dropbox and Microsoft OneDrive for storing and sharing documents securely from any location.

With many repositories came many opportunities for cyber threats. Companies had to enforce strict protocols to ensure confidentiality, integrity, and availability of data. The sheer number of documents across various sectors also increased rapidly, as organizations adapted to remote work and digital collaboration. This influx of documents has put a greater emphasis on the need for efficient document management systems and digital tools for organizing, storing and accessing information.

Current state of affairs

There are 25-30 states in the US that have enacted or are in the process of enacting significant privacy legislation. Canada has recently tabled Bill C-27, which seeks to regulate consumer privacy and data protection and artificial intelligence. Europe has also implemented the General Data Protection Regulation (GDPR), which is considered the toughest privacy and security law in the world. These pieces of legislation vary from country to country, and fines levied for non-compliance are now in the six to seven figure range. Organizations can no longer afford to neglect data management.

Webinar Highlights

Our webinar, “Reputation under Review” highlights how these recent shifts have impacted information management and the need for organizations to implement a robust data governance strategy. With a focus on existing and emerging privacy regulations, the webinar provides solutions for organizations looking to manage its data and personal identifiable information.

Topics covered in this webinar include:

Current and pending privacy regulations: We delve into the complexities of current and pending privacy regulations affecting information management. Viewers will gain valuable insights and expert guidance on navigating the evolving landscape of privacy laws to ensure compliance and safeguard sensitive data.

Data and privacy breaches: Discover the latest trends and best practices in addressing data and privacy breaches. Learn from industry experts as they share actionable strategies for mitigating risks and responding effectively to security incidents.

Regulators turning up the heat: Explore the increasing pressure from regulators on organizations failing to comply with data protection legislation. Gain crucial insights into the consequences of non-compliance and learn proactive measures to ensure adherence to regulatory requirements.

Role of automation: Uncover the transformative power of automation in data management. Our webinar hosts discuss the pivotal role that automation plays in streamlining processes, enhancing accuracy and maximizing efficiency in data management practices.

As organizations grapple with the evolving landscape of privacy regulations and the increasing threat of data breaches, the importance of effective reputation management and data governance strategies have never been more critical.

Shinydocs will help you stay ahead in managing your organization’s reputation and data effectively.

Reputation Management FAQ

What is reputation management?

Reputation management refers to the practice of influencing or controlling the reputation of an individual or organization. In an age where cyber security threats and data breaches are a daily occurrence, IT leaders have a large role to play in an organization’s reputation management. Organizations are at a greater risk of having their data exposed and ultimately losing customer trust. A robust data governance strategy can help mitigate reputational risks.

How did the COVID-19 pandemic impact information management?

As many organizations shifted to a remote work environment, collaboration tools such as Microsoft Teams, Slack and Zoom became increasingly relied upon in order to stay connected. This led to a surge in the use of file-sharing platforms like Google Drive, Dropbox and Microsoft OneDrive for storing and sharing documents securely from any location. The sheer number of documents across various sectors also increased rapidly, as organizations adapted to remote work and digital collaboration.

Why is having an information management strategy important?

There are 25-30 states in the US that have enacted, or are in the process of enacting
significant privacy legislation. Canada has recently tabled Bill C-27, which seeks to regulate consumer privacy and data protection and artificial intelligence. Europe has aso implemented the General Data Protection Regulation (GDPR), which is considered the toughest privacy and security law in the world.

What are the consequences associated with non-compliance of data and privacy regulation?

Non-compliance with data and privacy regulations can have several significant consequences, both legal and reputational. This includes fines and penalties from regulatory bodies that can amount to millions of dollars. Lawsuits from individuals or class-action lawsuits can also result in severe financial settlements or judgments. Organizations also have to contend with a loss of customer trust and loyalty, as well as negative publicity that can affect sales, partnerships and business relationships. Non-compliance can also trigger regulatory investigations and audits, which can be time-consuming, expensive and disruptive to business operations.

How can automation help in data management and protecting PII?

Automation tools can analyze and classify data to identify sensitive PII. By tagging PII-containing data, organizations can implement appropriate security measures and access controls more effectively. Automation can also help with data discovery, creating an inventory that sifts through an organization’s various systems and repositories for PII and other sensitive data. Automated processes are also invaluable to setting access controls, data retention and deletion, compliance reporting and conducting internal or external audits.

About Shinydocs

Shinydocs automates the process of finding, identifying, and actioning the exponentially growing amount of unstructured data, content, and files stored across your business.

Our solutions and experienced team work together to give organizations an enhanced understanding of their content to drive key business decisions, reduce the risk of unmanaged sensitive information, and improve the efficiency of business processes.

We believe that there’s a better, more intuitive way for businesses to manage their data. Request a meeting today to improve your data management, compliance, and governance.

Summary

Article Name

Webinar Recap: Reputation Under Review

Description

Explore the critical role of reputation management in today's digital landscape. Learn from our webinar how to safeguard your organization against data breaches and navigate privacy regulations effectively.

Author

Cam Davies

Publisher Name

Shinydocs

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