Business intelligence means collecting, analyzing, and archiving tremendously large volumes of data. Employees, vendors, clients, and more — all that information is kept within a business intelligence platform. Understandably, this represents some considerable challenges for data security. Here’s what you need to know.
The Importance of Business Intelligence
Business intelligence is used to refine and streamline operations. With the right business intelligence, you can improve all aspects of your company’s processes. Identify the highest performing employees, locate bottlenecks in your company’s shipping and logistics, and project your company’s performance in the future. BI is able to leverage the power of artificial intelligence and machine learning for better business outcomes.
Companies with business intelligence suites are able to outperform their past performance and remain competitive within their industries. As more companies become aware of the advantages of business intelligence, it becomes a necessary technology.
Securing Your BI Data
When it comes to business intelligence, the primary concerns are related to security. Business intelligence means archiving large volumes of data — and securing it can be difficult, especially if many employees have access.
Best practices for securing BI data include:
- Limit data access to “need to know.” There should be multiple tiers of permissions, and employees should only have access to the data and the reports that directly concern their position.
- Run regular security audits. This is necessary to ensure that all security processes are still being followed, and that the company’s existing technology remains sufficient for its needs.
- Secure your data storage. Business intelligence data can be easily corrupted, lost, or stolen if data storage isn’t secured. In every respect, data storage must be kept with the same levels of security as original data.
- Keep transaction logs. If a breach does occur, it will be important to view when files were accessed, deleted, and otherwise modified. Transactional logs let you trace the source of a data breach.
- Filter and validate endpoints. Today, many employees use their personal devices, such as smartphones and tablets, for work. Make sure any endpoints are validated and that they are appropriately secured, such as by a security application agent.
- Monitor your network. Network monitoring is incredibly important to protect a company’s infrastructure and its data. Network monitoring can identify strange data behaviors, such as accessing large amounts of a company’s data at once.
When managed correctly, business intelligence data is tremendously impactful. Business intelligence and data security can co-exist, but it requires a complete and comprehensive security management solution.