Protect What Matters Most – Sensitive Consumer Information and Payment Card Data
While eCommerce and payment card transactions are nothing new, their prevalence is only growing as digital transformations take shape and consumers readily embrace them. Add to this loyalty pushes, such as brands offering their own credit cards and targeted, personalized digital marketing campaigns, and you’ve got retailers in possession of high volumes of sensitive payment card, bank, credit, and personal data. As the popularity of online retail and eCommerce increases, so does the risk of these entities being targeted by cybercriminals.
From PCI-DSS to GDPR, online retail companies must comply with multiple data security regulations to protect an ever-expanding body of sensitive data. On top of this, they must be prepared to fill consumer requests for data access, as is guaranteed by privacy regulations. With such valuable data at risk and noncompliance penalties so high, eCommerce companies need to take proactive measures to minimize vulnerabilities.
A Spirion-first approach makes it easy to proactively protect consumer information. Our platform accurately discovers structured and unstructured sensitive data across networks and the cloud — including personally identifiable data (PII), credit card information, and other transaction data. It then classifies data according to compliance regulations and company rules, so retail businesses can determine the right strategic data protections and monitor progress without risking human error.
Identify, classify, and protect personal data to prevent compromise and misuse.
Enhance security posture by making informed decisions based on business insights.
Facilitate compliance with CCPA, GDPR, and other relevant data protection laws and regulations.
The amount of money US consumers spent on eCommerce in 2021, up 17.9% from 2020.
eMarketer
he percentage of total retail sales eCommerce is expected to drive by 2025.
eMarketer
The average cost of a data breach in the retail industry, up 62.7% from 2020.
IBM 2021 Cost of a Data Breach Report
Protecting patient health information within organizations
Improving privacy and security of healthcare data amid ongoing digital transformations
Regulating personal data privacy and protection across the European Union
Safeguarding payment card data across global transactions
What if you could automatically and persistently discover, classify, understand, control, and protect sensitive data in a way that ensured compliance but also allowed for business agility? With Spirion, you can.
As data proliferates, discovery becomes exponentially more difficult. Most organizations have terabytes and petabytes of data spread across servers, laptops, and other devices. Solving the problem requires a Privacy-Grade™ discovery solution with enough breadth to search all locations and depth to find any data type.
Once you have located all of your data, the automated application of persistent labels, tags, and visual markers helps both humans and computers determine its sensitivity and treat it consistently. Classification ensures that only appropriate parties can access sensitive data as it moves through the organization and supports information sharing with other data protection controls.
After Discovery and Classification are complete, each team can gain a better understanding of its data footprint. A full picture of your data inventory allows you to operationalize data, foster organizational productivity, conduct historical reviews and analysis, ensure competitiveness, and maintain data privacy.
To secure unprotected data, you need to control who can see it, when they can see it, and what they can do with it during any data lifecycle action – from creation to disposal. Control includes file shredding, redaction, quarantine, reduction of access rights, third-party controls, and role management at the job-role or server administration level.
Consumers can demand the right to know and the right to be forgotten. Contracts with vendors often require data privacy safeguards. Auditors and industry-specific regulators have their own rules about how consumer data is collected, stored, and used. With regulations on the rise, proactive protection is more critical than ever.
Protect sensitive information with a solution that is customizable to your organizational needs. When your job is to protect sensitive data, you need the flexibility to choose solutions that support your security and privacy initiatives.
Not knowing where sensitive client financial data resides and failing to take the right security precautions can be a costly mistake for your organization. Find out how Data privacy is treated in your sector.
