When trusted with data, protection is the most important task
“Over 2.5 quintillion bytes of data are created each day. This pace will only continue to accelerate as automated cars, sensors, drones and the Internet of Things (IoT) introduce new formats at a rapid-fire pace. Clearly, we are in store for an information-infused future. This data is to a business or to an individual, as blood is to the body. Its foundation: trust.
“Banish data, or the trust to protect it, and the world falls apart: all commerce would cease; bank accounts would have zero balances; planes would fall out of the sky; cars would halt in their tracks; power and water would stop flowing. Data, business and life are inseparable, and as indispensable as water, air and electricity. More profoundly, data and systems are so advanced that we can begin to see our human and cognitive form in our own digital data trails. Every day we are building, brick by brick and bit by bit, a digital copy of ourselves, whether we are aware of it or not.
“The nature of the data has changed, as today’s data goes well beyond what you can find in the phone book of a decade ago. In this digital era, your modern data now includes your behaviors (friends list, what you read, pictures, a recording of all your phone calls, etc). But what is the real difference when a bad actor steals 135 million people’s data from a credit aggregator or when a social media company sells 85 million people’s data to a political consulting firm? The actors are different, but the consumer impact is the same. Trust is broken. Whether it be governments, individuals or businesses, when trusted with data, it is job Number 1 to defend and protect that which is entrusted. This trust transcends products or services.”
- Mark Barrenechea, chief executive officer, OpenText